Breaking
$50M Series A led by CoinFund & Foxhaven (Jan 2022) First on-chain GPU financing deal in history - ~$600K 2,000+ NFTs held across 250+ projects 85+ NFT-backed art loans originated since 2024 HQ: Miami, Florida - team of ~17 Thesis: AI × Web3 is the next wave $50M Series A led by CoinFund & Foxhaven (Jan 2022) First on-chain GPU financing deal in history - ~$600K 2,000+ NFTs held across 250+ projects 85+ NFT-backed art loans originated since 2024 HQ: Miami, Florida - team of ~17 Thesis: AI × Web3 is the next wave
Company Profile Web3 Merchant Bank Miami

Metaversal

The self-described modern merchant bank for the digital culture economy - turning blue-chip NFTs into collateral, and financing the GPUs behind the AI boom.

Metaversal logo and wordmark - The Modern Merchant Bank for the Digital Culture Economy
METAVERSAL, MIAMI - the wireframe monogram and wordmark the firm uses across its Web3 products. Founded 2021 by Yossi Hasson & Daniel Schmerin.
$50M
Series A Raised
2,000+
NFTs Held
85+
Art Loans Since '24
~17
Team Size
The Dispatch

What Metaversal Actually Does

In 2021, when NFT trading was at fever pitch, Metaversal launched in Miami with a quieter question than most of its peers: what do you do with a digital collectible after you own it? The firm - co-founded by Yossi Hasson and Daniel Schmerin - began by acquiring, building, and stewarding Web3 intellectual property. It has since gathered more than 2,000 NFTs across upwards of 250 projects. But the collection was always a means, not the end.

Metaversal describes itself as a merchant bank for the digital culture economy. The phrase is deliberate. A merchant bank puts its own capital to work first, then packages what it learns into products for others. Metaversal did exactly that: it moved from holding blue-chip NFTs to lending against them, originating 85+ NFT-backed art loans since 2024. Then it followed the collateral one step further, into the hardware powering the AI boom.

In 2024 the firm helped structure what it calls the first on-chain GPU financing deal in history - a roughly $600,000 transaction that collateralized GPU chips through NFTs, executed with portfolio company MetaStreet. It is a small number with an outsized idea behind it: that the same tools built to make a JPEG borrowable can be used to finance the compute the AI industry is scrambling for.

"AI is taking center stage, and the intersection of AI x Web3 is the next giant wave of disruption - just like NFTs were back then."

- Metaversal / Yossi Hasson
Products & Services

Four Ways the Firm Puts Digital Assets to Work

Since 2024

NFT-Backed Art Loans

Borrow against blue-chip NFTs instead of selling them. Metaversal has originated 85+ art-backed loans, treating culturally significant collectibles as productive collateral rather than wall decoration.

2024 · First of its kind

On-Chain GPU Financing

Tokenized GPU compute, financed on-chain. A ~$600K deal with MetaStreet collateralized physical GPU chips through NFTs - linking Web3 lending directly to AI infrastructure demand.

Since 2021

NFT Acquisition & Portfolio

A balance sheet of 2,000+ NFTs spanning 250+ projects, from blue-chip collectibles to generative art - the working inventory the firm builds financial products around.

Since 2021

Web3 Venture Studio

Investing in and co-building Web3 companies and IP - including the Omega Runner story universe, media outlet NFT Now, and Solana storefront Holaplex.

By the Numbers

Where the Balance Sheet Sits

Metaversal is small by headcount and deliberate by design - a lean team operating at the institutional end of Web3. The chart reads as an activity map: capital raised, assets held, and the lending and compute-financing lines that keep moving even when the NFT market cools.

Figures are approximate, drawn from public reporting and data providers. Bars are scaled for comparison, not to a single unit.

Activity Snapshot

Series A raised$50M
Reported valuation~$155M
NFTs held2,000+
Projects represented250+
Art loans since 202485+
Team size~17
Where It Fits

How Metaversal Differs From a Typical NFT Fund

Most NFT funds measured themselves by floor price and went quiet when the market turned. Metaversal's merchant-bank framing gave it a second act: rather than only holding assets, it builds the financial plumbing - lending, yield, and now compute financing - that the digital-asset market still lacks.

That places it alongside NFT-lending and studio peers such as NFTfi, Arcade, BendDAO, and Sfermion, but with a broader mandate that reaches from culture into AI infrastructure.

Liquidity is the product. A blue-chip NFT you can't borrow against is just a wall decoration - make it collateral and it becomes a balance sheet.

The core reframe behind the firm
Timeline

From Collection to Compute

2021

Metaversal is founded

Yossi Hasson and Daniel Schmerin launch the firm in Miami as a Web3 investment and venture studio, beginning to acquire NFTs.

2022

$50M Series A

CoinFund and Foxhaven lead the round, with DCG, Franklin Templeton, Dapper Labs and Rarible participating.

2024

Pivot to lending

85+ NFT-backed art loans originated, plus the first on-chain GPU financing deal (~$600K) with MetaStreet.

2025

Building at the speed of AI

The firm leans into AI × Web3, documenting AI-driven internal productivity and compute-financing ambitions.

The Cap Table

Who Backed It

Series A - $50M - January 2022. Led by CoinFund and Foxhaven Asset Management, with a reported post-round valuation near $155M.

CoinFund Foxhaven Digital Currency Group Franklin Templeton Dapper Labs Rarible Collab+Currency Galaxy Vision Hill Narwhal Ventures NGC Ventures
The People

Who Runs Metaversal

Co-Founder & CEO

Yossi Hasson

A venture-backed entrepreneur, gamer, and early blockchain adopter who has invested in 60+ startups and crypto protocols. Previously Managing Director of Techstars Blockchain and co-founder of email-security firm SYNAQ. Co-founder of the Omega Runner Web3 story universe.

Co-Founder

Daniel Schmerin

Co-founded Metaversal alongside Hasson in 2021, helping shape the firm's merchant-bank approach to digital assets and its move into NFT-backed lending and compute financing.

Questions

Frequently Asked

What does Metaversal do?

It's a Web3-native merchant bank that acquires blue-chip NFT assets and builds financial products around them - notably NFT-backed art loans and on-chain GPU/compute financing.

Who founded Metaversal and who runs it?

It was co-founded in 2021 by Yossi Hasson, who serves as CEO, and Daniel Schmerin. It is based in Miami, Florida.

How much has Metaversal raised?

It raised a $50M Series A in January 2022 led by CoinFund and Foxhaven, with a reported post-round valuation around $155M.

What is the on-chain GPU financing deal?

Metaversal facilitated a ~$600K transaction - described as the first of its kind - that collateralized GPU chips through NFTs, done with portfolio company MetaStreet to tie Web3 lending to AI compute.

How is Metaversal different from a typical NFT fund?

Rather than only holding NFTs, it operates like a merchant bank - deploying its own capital and packaging the learnings into lending and yield products, which let it keep generating activity after the NFT market cooled.

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