Wave NFT Fund LP is a private investment fund based in Los Angeles, California. According to its most recent Form D, filed Nov 13, 2025, it has sold $2,452,579 of interests to 50 investors since its first sale in Nov 2021. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Benjamin Tsai; Jennifer Anderson; Wave Digital Assets LLC.
- Total raised
- $2,452,579Cumulative sales reported on Form D
- Investors
- 50
- First sale
- Nov 1, 2021
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Benjamin Tsai; Jennifer Anderson; Wave Digital Assets LLC
- Latest Form D
- Nov 13, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Wave NFT Fund LP
What is the minimum investment for Wave NFT Fund LP?
According to its latest Form D, filed Nov 13, 2025, the minimum investment Wave NFT Fund LP accepts from an outside investor is $100,000.
Who can invest in Wave NFT Fund LP?
Wave NFT Fund LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Wave NFT Fund LP raised?
Wave NFT Fund LP reports $2,452,579 sold from 50 investors on its Form D filed Nov 13, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Wave NFT Fund LP based?
Wave NFT Fund LP is based in Los Angeles, California and is managed by Wave Digital Assets LLC.
When did Wave NFT Fund LP launch?
Wave NFT Fund LP reports its first sale in Nov 2021, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 43% of the 1,719 private investment funds based in California, and more than 23% of all 10,266 that report sales.