Despite the broader downturn in the non-fungible token market, which has resulted in massive losses for the majority of NFTs, falling price floors, and many NFT investors turning to other investments they believe could be profitable, billionaire scrap metal magnate Adam Weitsman continues to solidify his presence and support in the NFT market. In another bullish move, scrap metal billionaire Adam announced plans to launch an NFT marketplace for HV-MTL NFT collections.
Billionaire Adam abandons HV-MTL NFT market
In a January 27 blog post, 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. The most recent estimates from his corporate finance and entertainment agencies place Adam Weitsman’s net worth in a wide range of approximately $1.2 billion to $1.5 billion, with some outliers reporting lower or higher figures. Adam is CEO of Weitsman Recycling, which has become the largest privately owned scrap metal recycling company on the East Coast.
Very cool
– EricF (@EricCLFung) January 28, 2026
In his latest involvement in the NFT space, Mr. Adam Weitsman announced the upcoming launch of an HV-MTL marketplace. This now highly anticipated NFT marketplace 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 list without knowing which NFT they will receive from the other person. This feature only works with NFTs from the same collection.
Billionaire scrap metal entrepreneur Adam Weitsman 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 comes just days after Nifty Gateway, one of the oldest NFT marketplaces in the NFT market, announced plans to shut down its NFT trading platform starting next month. Nifty Gateway is currently in NFT withdrawal only mode.
Billionaire Adam’s NFT Wallet
From late 2025 to early 2026, scrap metal billionaire Weitsman significantly expanded his NFT portfolio despite a broader market downturn, which left the NFT market cap down +70% from its peak season. Its recent strategy focuses on high-volume acquisitions and reviving legacy 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 made the largest known purchase of the Meebits collection, acquiring 229 Meebits in a private transaction. He also actively manages the intellectual property of the HV-MTL NFT project. Last week, billionaire Adam acquired a rare Fire Ghost NFT from digital asset incubation studio Ghost Labs. The previous week, Adam purchased 100 Quirkies in a private transaction. He is committed to relaunching the global NFT market. If Adam recruits other like-minded NFT investors, the NFT market will pick up and skyrocket.
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