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Easily convert COINX to NMR with ConvertOnline's efficient tool.
Coinbase tokenized stock (xStock) (COINX) represents a digital asset that mirrors the performance of Coinbase's stock. It allows users to invest in Coinbase's equity through blockchain technology, providing an innovative way to trade shares without the need for traditional stock exchanges.
Numeraire (NMR) is a cryptocurrency that serves as a utility token for Numerai, a hedge fund that utilizes machine learning and data science to make investment decisions. NMR functions as an incentive for data scientists to build and submit predictive models that contribute to the fund's trading strategies, rewarding those whose models perform well.