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NFTs may eclipse physical art market as ‘major institutions’ pile in, says NFT Investments boss

NFT Investments listed its shares in London, raising £35m, more than triple what it set out to raise

NFT blockchain marketplace
NFT blockchain marketplace Photo: Shutterstock

The market for non-fungible tokens could outstrip the size of the physical markets for collectibles such as art, music, film and TV combined, the boss of London’s first listed NFT investment fund predicted.

“What’s going to happen in the art market? What’s going to happen in the other digital collectibles markets? What’s going to happen in music and film and TV? It’s explosive, I think that the answer is it could be as big as all those collectible markets combined, and that’s why we’re starting the fund,” NFT Investment’s executive chair Jonathan Bixby told Financial News.

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