Despite the broader non-fungible token market downturn, which has left the majority of NFTs in massive losses, floor price values shrinking, and many NFT investors shifting to other investments that they think might be profitable, the billionaire scrap metal mogul Adam Weitsman continues to solidify his presence and support in the NFT market. In yet another bullish move, a scrap metal billionaire Adam has announced plans to launch an NFT marketplace for the HV-MTL NFT collections.
Billionaire Adam Drops HV-MTL NFT Marketplace
In a January 27 blog post, the 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. Most recent estimates from his business and entertainment finance outlets place Adam Weitsman’s net worth in a broad range of about $1.2 billion to $1.5 billion, with some outliers reporting lower or higher figures. Adam serves as CEO of “Weitsman Recycling,” which has become the largest privately held 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 has announced the upcoming launch of an HV-MTL Marketplace. This now highly anticipated NFT market 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 listing 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 has 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 came just days after Nifty Gateway, one of the oldest NFT marketplaces in the NFT market, announced plans to close its NFT trading platform from next month. Nifty Gateway is currently in an NFT withdrawal-only mode.
Billionaire Adam’s NFT Portfolio
From late 2025 to early 2026, the scrap metal billionaire Weitsman has significantly expanded his NFT portfolio despite a broader market downturn, which left the NFT market capitalization down +70% from its peak season. His recent strategy focuses on high-volume acquisitions and reviving legacy in 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 completed the largest-known single purchase of the Meebits collection, acquiring 229 Meebits in a private transaction. He is also actively managing the HV-MTL NFT project’s intellectual property. Last week, the billionaire Adam acquired a rare Fire Ghost NFT from the digital asset incubation studio Ghost Labs. The previous week, Adam purchased 100 Quirkies in a private transaction. He is committed to reviving the global NFT market. If Adam gets other NFT investors with the same spirit, the NFT market will revive and skyrocket again.
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