Despite the widespread non-fungible token market slump, which has seen most NFTs suffer massive losses, their floor price values fall, and many NFT investors turning to other investments they find profitable, billionaire scrap metal magnate Adam Weitsman continues to solidify his presence and support in the NFT market. In another optimistic move, scrap metal billionaire Adam announced plans to launch an NFT marketplace for his HV-MTL NFT collection.
Billionaire Adam Deletes HV-MTL NFT Marketplace
In a blog post on January 27, billionaire Adam Weitsman confirmed plans to launch the HV-MTL NFT marketplace. Billionaire Adam Weitsman is a famous industrialist, entrepreneur, investor, philanthropist, and cryptocurrency investor. The most recent estimates from his business and entertainment financial outlet put Adam Weitsman’s net worth at around $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 private scrap metal recycling company on the East Coast.
very cool
— Eric CLFung (@EricCLFung) January 28, 2026
In his latest entry into the NFT space, Adam Weitsman announced the upcoming launch of the HV-MTL Marketplace. This highly anticipated NFT marketplace now allows NFT market users to exchange HV-MTL for HV-MTL or multiple HV-MTL. It also includes a feature called Mystery Box, which allows holders to create lists without knowing which NFTs they will receive from others. This feature only works with NFTs from the same collection.
Billionaire scrap metal entrepreneur Adam Weitsman added that he and his team will be adding more NFT collections in the future. We are building not just for HV-MTL, but for the entire NFT community, he explained. The announcement comes just days after Nifty Gateway, one of the oldest NFT marketplaces, 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 Portfolio
From late 2025 to early 2026, scrap metal billionaire Weitsman significantly expanded his NFT portfolio despite a widespread market downturn, which caused NFT market capitalization to decline by 70% from the peak period. His latest strategy focuses on bulk acquisitions and reviving the legacy of 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 single purchase of a Meebits collection, acquiring 229 Meebits in a private transaction. He is also actively managing 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. Last week, Adam purchased 100 Quirkies in a private transaction. He has the will to revive the global NFT market. If Adam secures other like-minded NFT investors, the NFT market will revive and soar again.
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