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eToro Commits $20 Million to Developing NFT Investment Initiat | Cryptocurrencies | NFT

eToro Commits $20 Million to Developing NFT Investment Initiative

Bare bones investment platform, eToro, has announced a $20 million NFT fund as it looks to diversify into the burgeoning technology. Initially providing support for digital art and collectibles, with an ambition to expand in the near future.

From the off, eToro has invested in a number of NFT assets, including the likes of CyberKongz, BAYC, World of Women, and Azuki, heavily focusing on a number of big players within the NFT movement as it looks to increase its investment base.