Jonathan Bixby and Mike Edwards, two enterprising individuals, are planning something the world’s never seen before: an initial public offering on a London-based stock exchange…for a fund whose business is investing in NFTs.
Taking NFTs to public markets
NFT Investments, their firm that invests solely in NFTs, is planning an IPO this year on the Aquis Stock Exchange in London, noted financial outlet Bloomberg this morning.
The duo has previously founded and taken public companies involved in cryptocurrency mining, esports, and cannabis, and is now turning their attention towards NFTs.
Non-fungible tokens, or NFTs for short, are cryptographic representations of tangible or intangible assets on a blockchain. They tie the ownership of the underlying asset to whoever holds them and can be used to represent crypto art, virtual land, blockchain collectibles, or even real estate. Read More