Non-fungible token (NFT) startup RTFKT Studios has raised $ 8 million in a seed round of funding.
Wrote a lil blogpost / story about this and how we plan to build the future together
– RTFKT studios (@RTFKTstudios) May 4, 2021
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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