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AI hedge fund Numerai wins backing from top university endowments, token soars

Numerai’s NMR token jumped over 40% after it announced a new funding round led by major university endowments, pushing the hedge fund to a $500 million valuation.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

AI hedge fund Numerai wins backing from top university endowments, token soars

Numerai’s NMR token jumped over 40% after it announced a new funding round led by major university endowments, pushing the hedge fund to a $500 million valuation.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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