Numerai’s Series C round raised $30 million, led by top university endowments, giving the AI-driven hedge fund a $500 million valuation, up from $100 million in assets under management (AUM) and a 25.45% net return in 2024. Its NMR token surged 40% post-announcement. JPMorgan committed $500 million in August.

AI agents like Cloudflare’s NET dollar stablecoin and Coinbase’s x402 protocol are reshaping the crypto landscape. These autonomous systems can execute transactions, monitor markets, and process data independently, potentially driving adoption of stablecoins and increasing liquidity efficiency. Paxos Labs co-founder sees AI agents as the “X-factor” in stablecoin success.

Read more at CoinTelegraph: NMR token Soars as Numerai Raises $30M at $500M Valuation