Peter Thiel’s fund pushes Infinex NFT investments to $67.7M
2024-10-28

Infinex’s non-fungible token (NFT) collection, Patrons, has surpassed $67.7 million in total investments within just six weeks since its launch, despite a downturn in the wider NFT market.
The Patrons NFT collection crossed the $67 million milestone with backing from Founders Fund, co-founded by billionaire and former PayPal CEO Peter Thiel. 
The non-custodial platform offers easy access to onchain protocol and decentralized applications (DApps), aiming to usher in “the next phase of our industry, the “post-CEX era,” it announced in an Oct. 28 X post:

The platform also announced that the unlocked Patrons NFTs can be withdrawn as of Oct. 28, meaning that users will be able to sell them on NFT marketplaces like OpenSea, with their floor price starting at 1.22 Ether ETHUSD, worth just over $3,086 at the time of writing.
Other early investors include Solana Ventures, WMT Ventures, Variant Fund, Hi Framework, Moonrock Capital, WOrmhole and Pyth Network, among others.
This is a developing story, and further information will be added as it becomes available.