NFT Investor Animoca Brands Cuts Target for Metaverse Fund to $800M: Reuters

2023-3-24 14:59

When Animoca initially unveiled its plans for the fund last November, its target was $2 billion. This was then cut in half to $1 billion in January.

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Nick Tomaino says NFTs will ‘flip cryptocurrencies,’ launches new $100M fund

Nick Tomaino, the founder of crypto-focused investment firm 1confirmation, says non-fungible tokens (NFTs) have a great future ahead as an asset, despite the current outlook. Tomaino, whose venture fund launched in 2017 with $5 million and has grown to over $1 billion in assets under management (AUM), even believes NFTs could go on to “flip […] The post Nick Tomaino says NFTs will ‘flip cryptocurrencies,’ launches new $100M fund appeared first on Invezz.

2022-6-24 18:32