Numerai Completes Another NMR Buyback as Hedge Fund Assets Reach $700M
Cryptocurrency firm Numerai executed a third strategic buyback of its token, Numeraire (NMR), purchasing an additional $1.2 million in tokens through Coinbase Institutional over several weeks to avoid market pressure. The total NMR repurchases now amount to $3.2 million within less than a year as the company's hedge fund assets reach $700M.
Tickers: $NMR
Topics: hedge fund growth NMR token stock buyback