San Francisco, California, July 17, 2026, Chainwire
Collective hedge fund completes third open market purchase as network of shareholders and assets continues to grow
No. willa decentralized hedge fund powered by crowdsourced machine learning, today Announced the completion of Numeraire’s third strategic acquisition (NMR), and acquired an additional $1.2 million worth of the token from the open market. The purchase brings Numerai’s total NMR buybacks to $3.2 million within one year.
The buyback reflects Numerai’s continued investment in its staking system that brings together thousands of independent data scientists toward improving the company’s performance. Quota-weighted identification modelthe machine learning model that powers Numerai’s hedge fund. Contributors share NMR in their models, earning additional NMR when their forecasts perform well on future market data and losing them when they do not. The resulting quota-weighted induction model continues to outperform Numerai’s internal benchmark models, demonstrating the value of aligning incentives with predictive performance.
Since announcing its first strategic buyback in July 2025, the Numerai network has expanded significantly. Active accounts have more than doubled over the past year, submissions continue to increase, and the platform has introduced new infrastructure including Numerai Skills, Numerai Model Context Protocol (MCP) and Atomic Blockchain Stake, enabling increasingly autonomous participation through AI systems.
The underlying hedge fund also continued to grow. According to the company, Numerai now manages approximately $700 million in assets, up from approximately $560 million at the end of 2025.
Numeraire is a fixed-supply Ethereum token with a maximum value of 11 million NMR. Since tournament bonuses and betting incentives are distributed from Numerai’s treasury, the company replenishes its holdings through purchases on the open market. Before this buyback, approximately NMR 3.1 million remained in Numerai’s treasury.
Unlike the previous two announcements, this buyback had already been completed before today’s announcement. As with previous purchases, the transaction was executed in the open market through Coinbase Institutional at or near the offer price over several weeks to minimize market impact.
Past performance is not indicative of future results. This content does not constitute an offer to buy or sell any security or interest of any account operated by Numerai GP, LLC or its affiliates. This offer may only be made to persons who are eligible to invest and in jurisdictions where this offer is legal.
About Numeri
No. will is a San Francisco-based hedge fund and data science platform, founded in 2015. Through global competition and an open API, thousands of data scientists provide stock market signals that are compiled into a single meta model used to trade global stocks. Numeraire (NMR) is used to share and reward models that improve the fund. Numerai’s mission is to build the world’s last hedge fund through open competitive machine intelligence.
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