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HomeFinTechWave Financial: Launches NFT Fund

Wave Financial: Launches NFT Fund

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Wave Financial Launches NFT Fund

  • Wave Financial LLC, a Los Angeles, CA-based investment advisor for digital assets, launched the Wave NFT Fund
  • The fund seeks to invest in NFT’s, protocols, and platforms
  • This includes elements of the emerging metaverse with gaming, sports and generative art being the focus
  • WaveFinancial will evaluate NFTs with a blended approach using financial analytics while keeping the creators’ talent, value, and connection to the community a priority
  • The fund may use machine learning to formulate pricing and valuation models for NFTs by studying the transaction data off the blockchain
  • The launch of the Fund follows the recent growth in the NFT market: in Q1 2021, more than $2 billion traded in NFTs

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