San Francisco, CA, July seventeenth, 2025, Chainwire
Crowdsourced Hedge Fund Proclaims Strategic Token Buyback as Meta Mannequin Leads Amid AUM Progress
Numerai, the decentralized hedge fund powered by crowdsourced machine studying, right this moment introduced plans to purchase again $1 million of its token, Numeraire (NMR), from the open market. The buyback displays Numerai’s continued funding in its staking ecosystem, a mechanism that aligns hundreds of worldwide information scientists with the long-term efficiency of its hedge fund.
Over the previous yr, Numerai has greater than doubled its belongings underneath administration (AUM), rising from roughly $173 million to over $441 million. The fund now trades greater than $1 billion per thirty days throughout over 30 international markets, counting on machine studying fashions crowdsourced from a world community of information scientists who stake NMR on their predictions.
Every week, hundreds of information scientists submit predictions to Numerai’s event and stake NMR on their fashions’ efficiency. These stakes encourage aligned, high-quality contributions to the hedge fund, and it’s working. Numerai’s Stake-Weighted Meta Model, an ensemble of consumer fashions weighted by their NMR staked, has constantly outperformed particular person fashions, reinforcing Numerai’s incentive-aligned method to collective intelligence.
“The success of our Stake-Weighted Meta Mannequin speaks for itself: it’s outperformed each particular person mannequin over the previous yr. As our AUM grows and prime institutional allocators be a part of us, the position of NMR has by no means been extra crucial,” stated Richard Craib, Founder and CEO of Numerai.
However as Numerai’s ecosystem has matured, NMR has develop into scarce. With a hard and fast provide capped at 11 million, and roughly 3 million NMR remaining in Numerai’s treasury, the corporate has restricted capability to proceed distributing staking rewards at historic ranges. The corporate says the buyback will assist underscore its long-term dedication to its contributors and keep financial stability.
The buyback shall be executed regularly to make sure transparency. Orders shall be positioned at or close to prevailing bid costs, permitting this system to unfold regularly over time. The total rationalization behind the buyback may be discovered on Numerai’s newly launched blog.
About Numerai
Based in 2015, Numerai is a San Francisco-based hedge fund that crowdsources inventory market predictions to unravel the toughest drawback in finance. The fund is powered by hundreds of information scientists globally who can stake NMR on their fashions and contribute to a crowdsourced Meta Mannequin utilized in reside buying and selling.
Contact
Press Contact
Lindsay Smith
Numerai
lindsay@numer.ai
