Crypto asset manager plans to invest $100M+ into NFTs
Osprey Funds is launching a new entity, Osprey Alpha, which will allow insitiutional investors to get exposure to NFT projects. The focus will be from collectibles and art, to gaming and other metaverse assets. Institutional investors have recently warmed up to the crypto market over the past year. Most have limited liquid token exposure, but it is interesting to see a fund launch that will give this investor class exposure to NFTs – which are often decoupled from the broader market and illiquid.
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