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Evening Standard
Evening Standard
Business
Simon Hunt

£30 billion spent on NFTs already this year as investment set to surpass 2021 total

The POPaganda NFT collection

(Picture: REUTERS)

Investment into NFTs is on track to surpass last year’s total despite declining hype and attention in the digital assets.

Collectors have already sent almost £30 billion to NFT marketplaces in 2022 alone, nearing the total £32 billion sent in 2021, according to blockchain data platform Chainalysis, while the number of active buyers and sellers continues to grow, topping 900,000 in the first quarter of 2022.

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