NiftyApes Raised $4.2M in Funding From Strong Names - Coinleaks
Current Date:September 21, 2024

NiftyApes Raised $4.2M in Funding From Strong Names

Variantand FinTech Collectivein the investment round led by NiftyApes, about strong investors 4 millionraised a seed fund.

The new trend of recent times in the cryptocurrency market has been investment rounds. Projects that will be new to the sector or that will make improvements in the sector seek funding from investment tours. The tours, especially dominated by powerful names, provide million-dollar funding support to potential projects. One of these investment rounds, Variantand FinTech CollectiveManaged by.

NiftyApes Caught the Attention of Coinbase Ventures

New NFT project NiftyApes, Coinbase Ventures It received investment from powerful names, including . The company, which determines the project structure, will allow users to use credit on any NFT trade.

In addition, in the investment round, Robot Ventures, polygon, The LAO, FlamingoDAO, Ryan Sean Adams names as well. The interest from Coinbase Ventures to the NiftyApes side also drew attention.

Founders of the project Zach Herringand Kevin Seagraves , they want to use the funds they have collected to grow the team and for project development. Seeing the unfair enrichment of lending platforms in the industry, NiftyApes NFTis building a lending platform for the market.

As the crypto bear market continues, blockchainThe interest in their products is increasing day by day. metaverse, NFT, GameFi, DeFiand DEX increasing number of investors. The emergence of new projects and new products is helping the crypto market to expand.