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JPMorgan Chase pledges $500 million to crowdsourced hedge fund Numerai

JPMorgan Chase pledges $500 million to crowdsourced hedge fund Numerai

CointimeCointime2025/08/27 00:30
By:Cointime

Numerai LLC, a quantitative investment company based in San Francisco, has received a commitment of up to $500 million from JPMorgan Asset Management, which will be deployed within the next year. The company currently manages approximately $450 million in assets.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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