The launch of the first Ordinals trading fund signals a historic shift for the Bitcoin NFT sector as institutional investors step into the arena.
Institutional investors are taking a bold step into the world of Ordinals as the sector’s first managed fund goes live, promising to actively trade and invest in Ordinals-related assets. Led by portfolio manager L. Asher Corson from Consolidated Trading, the Unbroken Chain fund has already secured significant partnerships and is poised to raise $5 million from limited partners.
Domo, the innovator behind the BRC-20 token standard, expressed enthusiasm for the growing institutional interest in Ordinals. "It’s very exciting to see institutional interest in Ordinals as an independent asset class rather than an exclusive venture capital play." Rocktoshi, founder of Bitcoin Rocks, shared an inscribed image of the fund's announcement, declaring, "the institutions are coming."
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