Numerai, a decentralized hedge fund, has announced plans to repurchase $1 million worth of its native NMR tokens. This strategic buyback comes as Numerai's assets under management (AUM) have exceeded $440 million, highlighting the fund's growth and robust financial position. The initiative aims to manage the token supply and potentially increase the value of NMR, reflecting Numerai's confidence in its market standing within the decentralized finance sector.