The new NFT initiative is a reflection of the Firm’s conviction in innovation and blockchain technology
NEW YORK–(BUSINESS WIRE)–Weiss Multi-Strategy Advisers LLC (“Weiss” or the “Firm”), a global asset manager founded over 40 years ago, has unveiled a new NFT (non-fungible token), marking a first for a major traditional financial services firm. The first, official Weiss NFT was deployed on the Ethereum blockchain at 6:34 pm ET on July 19, 2022 and can be viewed on OpenSea here.
The NFT features the Firm’s founder, George Weiss, and acknowledges important aspects of his personal legacy as well as the Firm’s “Be Like George” ethos. Set against a pixelated backdrop that evokes the view from Mr. Weiss’s office, the Weiss NFT serves as a reminder of Mr. Weiss’s commitment to continuous innovation, ethical transparency and integrity.
“As a global manager, it’s important that we always assess trends that have the potential to reshape how markets, companies and businesses operate,” said Jordi Visser, President and Chief Investment Officer of Weiss. “We believe that the innovation triad of crypto, blockchain and smart contracts will disrupt all aspects of how our economy works as we head towards a future built on web3.”
Added Mr. Visser, “We wanted to go beyond merely reading about the blockchain and actually go through the process of creating an NFT. It was an eye-opening exercise that taught us a lot, and we now have first-hand experience and expert insight in the blockchain space.”
The Firm’s predecessor company was launched in 1978 by George Weiss. Weiss’s different offerings reflect the Firm’s desire to make its expertise in alternatives universally accessible to a broad range of investors, from public and corporate pension funds to endowments and foundations, as well as financial advisors and individual investors.
Please note that the Weiss NFT is not available for purchase and is not related to any further crypto or blockchain products from the Firm.
About Weiss Multi-Strategy Advisers LLC
Weiss is a global asset management Firm that oversees approximately $3.2 billion on behalf of institutions, financial advisors, and individual investors. Recognized as a pioneer in the market neutral space, Weiss, from its earliest iterations in 1978 through today, has developed a reputation for its focus on market neutral alternatives, innovative data analytics, and compelling thought leadership.
Please visit www.gweiss.com to review important disclosures and learn more about Weiss.