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NFT startup RTFKT Studios raised $ 8 million from Andreessen Horowitz and Galaxy Digital

Non-fungible token (NFT) startup RTFKT Studios has raised $ 8 million in a seed round of funding.

The investment round was led by Andreessen Horowitz venture fund. The startup was also supported by Galaxy Digital, Ledger, Dapper Labs CEO Roham Garegozlaw, C Ventures, Shrug Capital, NFT Fewocious creator, Genies founder Akash Nigam and others.

The funds raised by RTFKT will be used to develop new tools for creating NFTs, hire artists and other content creators. The startup also invests in the development of the ecosystem.

On May 3, Genies’ NFT marketplace raised $ 65 million from Coinbase Ventures and other investors.

At the end of March, the Dapper Labs project behind the development of the NBA Top Shot platform closed a $ 305 million funding round.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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