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Crypto Firm Meta4 Announces Plans To Raise $100M With Andreessen Horowitz As Lead Investor

Newly launched cryptocurrency firm Meta4 Fund Management (Meta4) announced a bold fund seeking to invest in the ever-growing cryptocurrency space. The Meta4 NFT Fund aims to collect $100 million through a partnership with Andreessen Horowitz operating as the lead investor. As AfroTech previously told you, n on-fungible tokens (NFTs) are a “one-of-a-kind trading card” useful for establishing ownership of photos, videos and digital files through blockchain technology. “NFTs are more than just pixels. It’s the intersection of culture, technology, and finance. It represents a new way of thinking about the ways in which ‘value’ is accrued, harnessed, and distributed,” said Brandon Buchanan, managing partner of Meta4 Fund Management, according to Reuters. Currently, the amateur fund is hoping to strike it big with highly popular NTFS including CryptoPunk, CryptToadz, BoredApe Yacht Club and Zed Run, Markets Insider reports. The Meta4 Capital fund was an initiative to purchase digital land...

Oct 21, 2021