Sfermion raises $100M for NFT and metaverse ventures
Cointelegraph
Published Nov 01, 2021 03:15PM ET
Updated Nov 01, 2021 05:00PM ET
Nonfungible token, or NFT, investment firm Sfermion has announced a secondary funding raise of $100 million — appropriately titled Fund II — from a number of established cryptocurrency investors including British billionaire Alan Howard, American entrepreneur Chris Dixon, Gemini co-founders Cameron and Tyler Winklevoss, and venture capital firm Digital Currency Group, among others.
Whereas predecessor Fund I focused solely on NFT investment opportunities, seven-figure Fund II will be utilized to “accelerate the emergence of an open, decentralized metaverse” through strategic investments.
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Written By: Cointelegraph
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