Metaversal Ventures, Inc.

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Metaversal Ventures, Inc. - overview

Location

Miami Beach, FL, US

Primary Industry

Software

About

Metaversal Ventures, Inc. is a modern merchant bank that specializes in the digital culture economy, offering innovative financial products tailored to digital assets and the rapidly evolving landscape of AI and Web3 technologies. Metaversal Ventures, Inc. operates as a specialized financial institution in the digital culture economy.


The company was founded by Daniel Schmerin and Yossi Hasson, with Yossi Hasson serving as the CEO. The firm is headquartered in Miami Beach, US. As of December 2021, Metaversal raised USD 50 mn in Series A funding, with a total amount raised also reaching USD 50 mn, and a current company valuation of USD 155. 71 mn.


Notable investors in the recent funding round include CoinFund Management, Collab+Currency Management, and Dapper Labs Inc. The company has completed 2 deals to date. Metaversal operates as a modern merchant bank focused on the digital culture economy, delivering a suite of innovative financial products designed to unlock value in digital assets. Their core offerings include blue-chip NFTs and tokenized computing power, specifically targeting opportunities within the AI sector.


These products cater to a diverse clientele, including businesses and investors engaged in emerging digital markets, particularly those leveraging AI and Web3 technologies. By integrating blockchain and decentralized finance, Metaversal aims to provide transparent, efficient, and accessible financial solutions for its users. The company’s products are marketed primarily in North America, Europe, and parts of Asia, aligning with the rapid growth and adoption of digital assets in these regions. Metaversal's revenue generation model centers around facilitating transactions involving digital assets, with a focus on providing liquidity and yield opportunities.


The company engages in B2B partnerships with businesses seeking innovative credit solutions or capital investment in the digital culture economy. Revenue is generated from transaction fees associated with the buying and selling of NFTs, as well as subscription-based services for access to their proprietary financial products. The company’s flagship offerings, which include products like EtherX and various yield-generating solutions, are designed for both institutional and individual clients, capitalizing on the intersection of technology and finance. Specific pricing structures for these products are tailored to the needs of their diverse client base, optimizing engagement across the digital landscape.


Metaversal Ventures, Inc. plans to leverage the recently raised USD 50 mn from their Series A funding to support further acquisitions of iconic NFTs for their growing portfolio, underwrite essential businesses that enable the open Metaverse to thrive, and bolster their venture studio projects. The company is also focused on introducing new products designed to meet the evolving demands of the digital culture economy. They aim to expand their market reach, particularly into regions that are experiencing rapid adoption of digital assets, although specific geographic targets and timelines have not been disclosed.


Current Investors

Digital Currency Group, Franklin Templeton, Foxhaven Asset Management

Primary Industry

Software

Sub Industries

Investment Banking, Accounting/Finance Software

Website

www.metaversal.gg

Verticals

Blockchain, Cloud Computing

Company Stage

Series A

Total Amount Raised

Subscriber access only

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