The world of NFTs is never dull — as long as the money never stops. While investors continue to pour billions into the sector, albeit at a slowing pace, more crypto buyers are spinning up funds to back NFT platforms, projects and the non-fungible tokens themselves.
While dedicated funds solely devoted to NFTs as an asset class are starting to pop up, it’s still a risky space for the bigger institutional firms. That’s not stopping those investors from becoming LPs in the NFT funds themselves, though. A number of prominent Silicon Valley crypto VCs have backed a new upstart NFT fund led by Andrew Jiang and Todd …
