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Author Topic: Three Arrows Capital Bets Big on Ethereum NFTs With ‘Starry Night’ Fund  (Read 416 times)

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The NFT market has surged since late July, and the rising prices for top collections like Art Blocks and CryptoPunks, as well as soaring trading volume across the board, suggests that investors see dollar signs in crypto collectibles. Singapore-based Three Arrows Capital apparently believes so, today revealing plans to invest heavily into premier NFTs.

The cryptocurrency hedge fund today announced Starry Night Capital, a new fund focused on “assembling the world’s finest collection of NFTs,” according to its Twitter profile. To do so, the firm has partnered with pseudonymous NFT collector Vincent Van Dough, who has a considerable Twitter following and a significant personal NFT portfolio.

“Our thesis is simple, we believe the best way to gain exposure to the cultural paradigm shift being ushered in by NFTs is owning the top pieces from the most desired sets,” Vincent Van Dough tweeted today.

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