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Billionaire Adam Weitsman Launches HV-MTL NFT Marketplace

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Despite the broader non-fungible token market downturn, which has left the majority of NFTs in massive losses, floor price values shrinking, and many NFT investors shifting to other investments that they think might be profitable, the billionaire scrap metal mogul Adam Weitsman continues to solidify his presence and support in the NFT market. In yet another bullish move, a scrap metal billionaire Adam has announced plans to launch an NFT marketplace for the HV-MTL NFT collections.

Billionaire Adam Drops HV-MTL NFT Marketplace

In a January 27 blog post, the billionaire Adam Weitsman confirmed plans to launch an HV-MTL NFT marketplace. Billionaire Adam Weitsman is a renowned industrialist, entrepreneur, investor, philanthropist, and crypto investor. Most recent estimates from his business and entertainment finance outlets place Adam Weitsman’s net worth in a broad range of about $1.2 billion to $1.5 billion, with some outliers reporting lower or higher figures. Adam serves as CEO of “Weitsman Recycling,” which has become the largest privately held scrap metal recycling company on the East Coast.

In his latest involvement in the NFT space, Mr. Adam Weitsman has announced the upcoming launch of an HV-MTL Marketplace. This now highly anticipated NFT market will allow NFT marketplace users to trade HV-MTL for HV-MTL or multiple HV-MTLs. It will also include a feature called Mystery Box, where holders can create a listing without knowing which NFT they will receive from the other person. This feature only works with NFTs from the same collection.

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Billionaire scrap-metal entrepreneur Adam Weitsman has added that he and his team will add more NFT collections in the future. We are not only building for HV-MTL but for the entire NFT community, he explained. This announcement came just days after Nifty Gateway, one of the oldest NFT marketplaces in the NFT market, announced plans to close its NFT trading platform from next month. Nifty Gateway is currently in an NFT withdrawal-only mode.

Billionaire Adam’s NFT Portfolio

From late 2025 to early 2026, the scrap metal billionaire Weitsman has significantly expanded his NFT portfolio despite a broader market downturn, which left the NFT market capitalization down +70% from its peak season. His recent strategy focuses on high-volume acquisitions and reviving legacy in digital assets. In August 2025, Weitsman acquired over 5,000 NFTs, including Otherdeeds, Mega Kodas, and Weapon Kodas, directly from Yuga Labs.

In late 2025, Mr Adam completed the largest-known single purchase of the Meebits collection, acquiring 229 Meebits in a private transaction. He is also actively managing the HV-MTL NFT project’s intellectual property. Last week, the billionaire Adam acquired a rare Fire Ghost NFT from the digital asset incubation studio Ghost Labs. The previous week, Adam purchased 100 Quirkies in a private transaction. He is committed to reviving the global NFT market. If Adam gets other NFT investors with the same spirit, the NFT market will revive and skyrocket again.

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Ethereum Foundation starts 70,000 ETH staking process to fund operations, bolster network

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Ethereum Foundation starts 70,000 ETH staking process to fund operations, bolster network

The Ethereum Foundation has started staking part of its treasury holdings, putting around 70,000 ETH to work as part of its plan to support ongoing operations in the Ethereum ecosystem.

The staking commenced with a 2,016 ETH deposit, and uses Dirk and Vouch, open-source validator tools developed by infrastructure firm Attestant, the Foundation said.

Dirk functions as a distributed signer that allows for coordination across multiple jurisdictions and reduces single points of failure, while Vouch handles validator duties.

The decision follows the public release of the Foundation’s treasury policy last year to manage crypto and fiat holdings in a way that balances long-term sustainability with Ethereum-aligned values such as decentralization, open-source access and user privacy.

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Rather than letting ETH sit idle, the Foundation now plans to earn staking rewards and redirect those back into funding protocol research, ecosystem development, and community grants.

Based on the CoinDesk Composite Ether Staking Rate (CESR), the current staking yield of the Ethereum validator population is around 2.808%. Data from Arkham Intelligence shows the Ethereum Foundation currently has 172,650 ETH it could deploy, along with an additional 10,000 wrapped ether (WETH).

The staking setup uses a combination of hosted infrastructure and self-managed hardware, including minority clients, spread across several countries, the Foundation said.

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Hashgraph Group Launches Hedera Tool for EU Digital Product Passports

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Hashgraph Group Launches Hedera Tool for EU Digital Product Passports

The Hashgraph Group, a Swiss technology company building on the Hedera network, launched TrackTrace, a platform aimed at helping prepare for upcoming European Union product-compliance requirements tied to digital product passports.

TrackTrace is designed to improve supply-chain visibility by tracking goods and recording product data, including emissions-related information, in a way that can be used for compliance reporting and authenticity checks, the company said in a Tuesday announcement.

The platform builds verifiable audit trails for product-specific data, sustainability credentials, durability and reparability, while incorporating agentic artificial intelligence (AI) to automate workflows for compliance reporting.

The blockchain-based solution comes in response to the EU’s Ecodesign for Sustainable Product Regulation (ESPR), which went into effect on July 18, 2024. The ESPR creates a framework for product-specific rules that can include a Digital Product Passport (DPP) to standardize how key product information is recorded and shared across multiple supply chains.

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A major early milestone is the EU’s battery passport requirement under the EU Battery Regulation, which is set to apply from Feb. 18, 2027, for certain categories including electric-vehicle and industrial batteries above 2 kilowatt-hours.

DPP requirements will extend to textiles, apparel, iron, steel and other priority items starting July 2027.

Related: EU to ban anonymous crypto accounts and privacy coins by 2027

EU climate targets drive data demands

The EU’s Green Deal aims to transform the bloc into a more resource-efficient economy and cut emissions by at least 50% by 2030. It also aims to reach net carbon neutrality by 2050 through the European Climate Act.

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“The European Green Deal strives to establish the first climate-neutral continent by 2050 and needs infrastructure it can trust to transform Europe into a modern, efficient, and sustainable economy,” wrote Stefan Deiss, co-founder and CEO at The Hashgraph Group.

“With TrackTrace built on Hedera, we deliver that critical trust data infrastructure layer that enables companies to comply with DPP regulation, while strengthening global supply chain integrity and fostering the transition to a sustainable, transparent, and circular economy.”

Businesses targeting EU markets will have to rely on solutions such as TrackTrace to ensure compliance with the ESPR.

The Hashgraph Group said it is working with PwC on digital product passport implementations for enterprise clients and that TrackTrace can support traceability across a product’s lifecycle. Cointelegraph reached out to The Hashgraph Group for more details on the collaboration.

Related: Bitcoin treasuries log rare selling streak as BTC trades near $66K

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TrackTrace builds on identity tools

TrackTrace has integrated The Hashgraph Group’s existing decentralized identity solution, IDTrust, to provide verifiable credentials in a decentralized manner.

This enables the linkage between physical events and digital records in a tamper-proof environment, where digital business processes and immutable data audit trails are anchored on the Hedera network.

Hedera claims to be the world’s most energy-efficient distributed ledger technology (DLT) that is governed by a council of leading global organisations including Dell, Deutsche Telecom, EDF, FedEx, Google, Hitachi, IBM, Mondelēz and Standard Bank, among over 30 Hedera Council members.

Competing supply chain traceability solutions include the blockchain-based IBM Sterling Transparent Supply, TraceX, Circular for batteries and plastics, and TrusTrace for fashion and textile traceability.

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