Delphi Digital — a multiservice crypto investment entity – reportedly disclosed details of its “Delphi InfinNFT” rollout – an investment arm dedicated to non-fungible tokens and the NFT ecosystem.

Particularly, as revealed via a Twitter update, the fund will reportedly allocate $5 million and more “NFT marketplaces, DAOs, social tokens, fractionalization, NFT infrastructure, and any other new developments that may arise during the syndicate’s investment cycle”, with the team receiving support from NFT collector “Gmoney”. 

A fund dedicated to NFT may reportedly not be surprising news, given the way the use case has been functioning as a banner carrier, establishing the concept of blockchain inside the general audience’s consciousness. 

However, NFT is reportedly known for its notorious volatility, and uncorrelated to the broader crypto markets. 

However, Delphi co-founder Yan Liberman, reportedly shared that the company has had sufficient preparation to navigate through any potential setbacks. “Our fund has a very long-term focus so the volatility is less of a concern. We actually think of it opportunistically in that it can favorable price entries,”

Moreover, the firm’s investment processes do not require any adjustment to facilitate the focus shift on a new asset class.

“Our investment process is very similar to the one we employ at Delphi Ventures. Begins with heavy due diligence and ends with a firm-wide investment committee where we leverage our spectrum of expertise to have an exhaustive discussion about the project and landscape. The investment philosophy is also similar in that we’re looking to support the best founders and ideas with everything Delphi has to offer.”