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AI hedge fund Numerai secures up to $500 million from JPMorgan, token jumps 33%
AI hedge fund Numerai secures up to $500 million from JPMorgan, token jumps 33%

Quick Take The self-proclaimed artificial intelligence hedge fund said it grew over the past three years from managing $60 million to $450 million, and now has secured up to $500 million from JPMorgan Asset Management. The hedge fund’s native crypto token Numeraire rose 33% as of Tuesday afternoon.

The Block·2025/08/25 16:00
Flash
  • 20:46
    Blockchain.com, Revolut, and Relai obtain EU MiCA licenses, Plasma has submitted an application
    Jinse Finance reported that Blockchain.com, Revolut, and the bitcoin application Relai have announced that they have obtained the EU Markets in Crypto-Assets Regulation (MiCA) license. With this license, Revolut will provide comprehensive crypto asset services in 30 markets across the European Economic Area (EEA); Blockchain.com stated that the license clarifies the regulatory pathway and enables the expansion of digital asset custody and institutional-grade tools; Relai plans to first enter the French market and then expand to the rest of Europe. The Layer1 blockchain Plasma, which focuses on stablecoins, has obtained the Italian VASP license and set up an office in Amsterdam, with its MiCA license application in progress. This move marks the acceleration of compliance strategies by major crypto companies under European crypto regulation.
  • 20:34
    The US Dollar Index rose by 0.04% on the 23rd.
    Jinse Finance reported that the US Dollar Index rose by 0.04% on the 23rd, closing at 98.936 in the late trading session of the foreign exchange market.
  • 20:22
    The US Dollar Index rose by 0.04%, closing at 98.936.
    ChainCatcher news, according to Golden Ten Data, the US Dollar Index, which measures the dollar against six major currencies, rose by 0.04% on October 23, closing at 98.936 in the late foreign exchange market. 1 euro exchanged for 1.1618 US dollars, higher than the previous trading day's 1.1609 US dollars; 1 pound exchanged for 1.3323 US dollars, lower than the previous trading day's 1.3356 US dollars; 1 US dollar exchanged for 152.53 yen, higher than the previous trading day's 151.88 yen; 1 US dollar exchanged for 0.7952 Swiss francs, lower than the previous trading day's 0.796 Swiss francs; 1 US dollar exchanged for 1.3989 Canadian dollars, higher than the previous trading day's 1.3988 Canadian dollars; 1 US dollar exchanged for 9.3909 Swedish kronor, lower than the previous trading day's 9.4046 Swedish kronor.
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