TechFlow news — On May 13, according to the Financial Times citing two sources familiar with the matter, NFT investment firm Sfermion is preparing a series of funds that will each focus on NFTs within specific vertical sectors. The first fund will concentrate on the gaming sector and has set a fundraising target of $100 million.
Andrew Steinwold, managing partner at Sfermion, said the firm aims to hold NFTs for over a year. "Ideally, we'd like to hold even longer, but we also understand general market dynamics—should attractive short-term returns arise, we won't turn them down."
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