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Numerai Earns $3M In Sale Of NMR Token

Janelle Fox

Summary: Numerai, the startup hedge fund and information marketplace, has finished a $3 million token sale of its native token, NMR. According to an announcement on June 3, the new capital will be used to fund the build its information staking protocol Erasure, which is detached from the company's hedge fund business. Union Square Ventures, Placeholder, ...

Numerai, the startup hedge fund and information marketplace, has finished a $3 million token sale of its native token, NMR.

According to an announcement on June 3, the new capital will be used to fund the build its information staking protocol Erasure, which is detached from the company's hedge fund business. Union Square Ventures, Placeholder, CoinFund, Dragonfly Capital and Numerai founder Richard Craib were among those that bought tokens.

By Janelle Fox

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Link: Numerai Earns $3M In Sale Of NMR Token   [Copy]
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