NFT protocol Metaplex raises $46M to expand gaming and metaverse applications By Cointelegraph
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Nonfungible token (NFT) protocol Metaplex has concluded a $46 million investment round to support its strategic pivot into metaverse applications — offering further evidence that existing blockchain networks were looking to capitalize on advances in Web3 technology.
The investment round was co-led by venture firms Multicoin Capital and Jump Crypto, with additional participation from Ventures, Alameda Research and Animoca Brands. Over 90 individual investors also participated in the raise, including NBA legends Michael Jordan and Allen Iverson.
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Nonfungible token (NFT) protocol Metaplex has concluded a $46 million investment round to support its strategic pivot into metaverse applications — offering further evidence that existing blockchain networks were looking to capitalize on advances in Web3 technology.
The investment round was co-led by venture firms Multicoin Capital and Jump Crypto, with additional participation from Ventures, Alameda Research and Animoca Brands. Over 90 individual investors also participated in the raise, including NBA legends Michael Jordan and Allen Iverson.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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