Spartan Group Launches $200 Million Metaverse Fund

Spartan Group, an Asia-based consultancy and venture capital firm, announced that it will launch a new $200 million fund that will focus on projects building in the metaverse, specifically virtual worlds that support “digital ownership”. Spartan Group's new fund is said to focus on three different layers of the metaverse: the infrastructure layer, the experience layer and the‘value add layer,’ the latter of which includes types of projects that are outside the metaverse such as gaming guilds and NFT marketplaces.