Infinite Reality reportedly receives a $3 billion investment from a mystery

With Bitcoin rallying and sentiment improving, is it time to buy metaverse tokens?

Infinite Reality, a Florida-based tech company, claims to have received a $3 billion investment from a single investor, reports CoinDesk. The investor, who is said to be a family member linked to the New York Mets and the infamous Bernie Madoff, appears to be interested in the metaverse.

The report, which cites a new report by Infinite Reality, adds that the investment will value the metaverse startup at $15 billion.

If true, this would be one of the largest funding rounds of 2025. It would also be a major boost for the crypto metaverse after the decimation that followed the 2022 crash.

The total metaverse market cap now stands at over $11 billion, up nearly 10% in the past day. Some of the top-performing tokens include The Sandbox (SAND), Decentraland (MANA), and Virtual Protocol (VIRTUAL). All these tokens are up double digits in the past week, outperforming some of the best cryptos to buy, like Bitcoin and Ethereum.

For what it’s worth, Infinite Reality is a small player in the broader metaverse space. It specializes in creating immersive digital experiences for businesses and entertainment. The report also notes that the capital boost comes after a period of inactivity in the venture capital space for metaverse projects.

Earlier this year, we covered how major players, including Meta, have scaled back their ambitions as venture capital for metaverse projects dried up. The industry saw a flurry of activity in 2021, with noteworthy names like Animoca Brands and Dapper Labs amassing significant capital to invest in the metaverse ecosystem.

However, following the 2022 crypto crash, this interest waned. As a result, we saw a triple-digit decline in the metaverse market cap in 2022.

But now, it appears that some venture capitalists are returning to the scene, especially with Bitcoin rallying and sentiment improving.