[PRESS RELEASE – San Francisco, USA/CA, November 20th, 2025] Numerai, a San Francisco–based hedge fund and data science tournament uniting machine learning, decentralized finance, and cryptocurrency incentives, today announced a $30 million Series C financing round led by top university endowments. The round values Numerai at $500 million, five times its 2023 valuation. J.P. Morgan […][PRESS RELEASE – San Francisco, USA/CA, November 20th, 2025] Numerai, a San Francisco–based hedge fund and data science tournament uniting machine learning, decentralized finance, and cryptocurrency incentives, today announced a $30 million Series C financing round led by top university endowments. The round values Numerai at $500 million, five times its 2023 valuation. J.P. Morgan […]

Numerai Raises $30 Million Series C Led by Top University Endowments, at $500 Million Valuation

[PRESS RELEASE – San Francisco, USA/CA, November 20th, 2025]

Numerai, a San Francisco–based hedge fund and data science tournament uniting machine learning, decentralized finance, and cryptocurrency incentives, today announced a $30 million Series C financing round led by top university endowments. The round values Numerai at $500 million, five times its 2023 valuation.

J.P. Morgan Asset Management’s August 2025 commitment of up to $500 million in Numerai’s hedge fund capacity, together with the new equity financing, provides Numerai with additional resources to scale its AI-driven strategies toward nearly $1 billion in assets under management (AUM).

Existing investors — including Union Square Ventures, Shine Capital, and macro investor Paul Tudor Jones — also participated in the round. Alongside J.P. Morgan Asset Management, they represent leading endowments, venture capital firms, and global macro investors that have supported Numerai’s development over multiple funding rounds.

The new capital will be used to expand Numerai’s AI engineering and research teams, increase hiring across key functions, grow participation in its global data science tournament, and support the scaling of its institutional hedge fund products.

Over the past three years, Numerai has grown assets under management from approximately $60 million to $550 million. In 2024, its flagship global equity hedge fund delivered a net return of 25.45% with a single down month, the strongest year in the firm’s history.

Numerai’s investment process is supported by a coordinated data science community that operates as a global tournament. Thousands of machine learning models contribute stock market signals that are combined into a single Meta Model trading global equity markets.

Numerai’s ecosystem is built around Numeraire (NMR), an Ethereum-based cryptocurrency used within Numerai’s data science tournament. Participants stake NMR on their stock market signals, who can earn or burn based on scores. This structure is intended to align incentives between Numerai and participating data scientists and connect the firm’s research process to the broader blockchain ecosystem.

About Numerai

Numerai is a San Francisco–based hedge fund and data science platform founded in 2015. Through a global competition and open API, thousands of data scientists submit stock market signals that Numerai aggregates into a single Meta Model trading global equities. Numeraire (NMR) is used to stake and reward signals that improve the fund. Numerai’s bet is that the future of asset management belongs to open, competitive machine intelligence rather than the walled garden of the multi-manager complex.

Discord | X | Docs

The post Numerai Raises $30 Million Series C Led by Top University Endowments, at $500 Million Valuation appeared first on CryptoPotato.

Market Opportunity
Chainbase Logo
Chainbase Price(C)
$0.08146
$0.08146$0.08146
+0.11%
USD
Chainbase (C) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

FBI says North Korea’s Kimsuky APT uses malicious QR codes to spearphish U.S. entities

FBI says North Korea’s Kimsuky APT uses malicious QR codes to spearphish U.S. entities

The post FBI says North Korea’s Kimsuky APT uses malicious QR codes to spearphish U.S. entities appeared on BitcoinEthereumNews.com. The FBI says Kimsuky APT, a
Share
BitcoinEthereumNews2026/01/10 02:55
Crypto ETFs Close Week Strong Despite Broad Outflows in Ether Funds

Crypto ETFs Close Week Strong Despite Broad Outflows in Ether Funds

Bitcoin ETFs finished the week with $223 million in net inflows, while Ether ETFs held positive at $48 million despite heavy redemptions across multiple funds. Blackrock’s vehicles once again carried the momentum for both markets. Bitcoin and Ether ETFs End the Week in Green With $271 Million in Combined Inflows The week ended with a […]
Share
Coinstats2025/09/22 23:20
Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
Share
Coinstats2025/09/17 23:42