What is Metaversal?
Founded in 2021 and headquartered in Miami Beach, Florida, Metaversal distinguishes itself as the first entity to merge a venture studio with an investment firm specifically targeting the NFT sector. The company's core operations involve co-producing, curating, and investing in iconic NFT projects. This unique model positions Metaversal at the forefront of digital collectibles and blockchain-based art, leveraging its expertise to identify and nurture high-potential ventures within this rapidly evolving market.
How much funding has Metaversal raised?
Metaversal has raised a total of $50M across 1 funding round:
Series A
$50M
Series A (2022): $50M with participation from Foxhaven Asset Management, CoinFund, Digital Currency Group, Franklin Templeton, Dapper Labs, and Collab+Currency
Key Investors in Metaversal
Foxhaven Asset Management
Foxhaven Asset Management is an established investment firm founded in 2013, primarily investing in publicly traded and privately held equities.
CoinFund
CoinFund is a blockchain-focused investment firm established in 2015, dedicated to advancing digital assets and decentralized finance through venture and liquid opportunities.
Digital Currency Group
Digital Currency Group is a holding company focused on accelerating the development of a better financial system by investing in and supporting bitcoin and blockchain companies globally.
What's next for Metaversal?
The recent major strategic investment signifies Metaversal's intent to accelerate its expansion and solidify its market position. With a Series A funding context, the company is likely focused on scaling its operations, enhancing its venture studio capabilities, and potentially broadening its investment portfolio. Future strategic moves may include strategic partnerships, further acquisitions, or the development of new innovative NFT platforms and projects to capitalize on emerging trends in decentralized finance and digital ownership.
See full Metaversal company page