ChainCatcher news, according to Blockworks, the NFT crypto fund Spencer Ventures plans to acquire 144 "Pudgy Penguins" NFTs from the art collection of the now-defunct crypto hedge fund Three Arrows Capital.The venture fund struck a "six-figure" deal with Sotheby's auction house a few weeks ago. Spencer Ventures will receive 48 Pudgy Penguins NFTs, along with 48 Pudgy Rods and 48 Lil' Pudgys airdrops.

Chain Catcher news, the crypto venture capital firm Spencer Ventures focused on NFTs, announced the completion of a $4.5 million fundraising round, with 30 investors mainly from Chicago and the Midwest, including some family offices.Spencer Ventures founder Spencer Gordon-Sand stated that institutions looking to increase their exposure to digital assets are turning to NFTs, while most funds only offer exposure to Ethereum or Bitcoin. It is reported that Spencer Ventures is focusing on highly liquid NFT assets and has so far invested 20% of the total fund size. (source link)