Meta4 Capital from Miami has created a fund to invest $100 Million in NFTs. With backing from Andreessen Horowitz, Meta4 Capital is getting set up by cryptocurrency-focused investment management company; Fund Management. The fund does not yet have the $100 million to fund it but with backing by Horowitz and the rapid growth in the NFT space we are confident this is only a matter of time.
The firm claims to have about a quarter of the $100 Million committed so far, with more closings expected in a few months. The fund stated about NFTs as the “most interesting, entertaining and lucrative subsection of the cryptocurrency asset class.”