Woofun AI reports that decentralized hedge fund Numerai completed its third strategic acquisition of NMR tokens, purchasing an additional $1.2 million from the open market via Coinbase Institutional over several weeks. This transaction brings the total value of NMR repurchases over the past year to $3.2 million, funds designated to support the protocol's staking mechanism where independent data scientists stake tokens based on model performance.

The protocol currently manages approximately $700 million in assets, an increase from roughly $560 million at the end of 2025. Since announcing its first strategic repurchase in July 2025, Numerai has seen its active account count more than double, alongside the launch of infrastructure updates including Numerai Skills, the Numerai Model Context Protocol, and Atomic Blockchain Staking. NMR remains a fixed-supply Ethereum token with a maximum cap of 11 million.