[Hedge Fund Numerai Secures $500 Million Investment Commitment from JPMorgan] According to The Block, San Francisco-based hedge fund Numerai LLC announced that it has secured an investment commitment of up to $500 million from JPMorgan's asset management division, which will be deployed next year. Over the past three years, the assets under its management have grown from $60 million to $450 million. Numerai stated that its global equity hedge fund achieved a 25% net return last year. The company also mentioned plans to hire more employees. Its native token, Numeraire (NMR), once surged by 33%.