NFT startup Mintify raises $3.4 million in additional funding
Summary
ARCA, Cumberland, Psalion, Master Ventures, Zeneca, GM Capital, Spencer VC and over 50 angel investors participated in the fundraise, which was not part of a structured round.Mintifys total funding is now $5 million, and there will be no immediate changes to the firms board of directors, Mintify Founder and CEO Evan Varsamis told The Block.Mintify is building infrastructure for an NFT order book for gaming, art and real-world asset markets. The platform already supports Ethereum, Base and Blast with plans to Ordinals and other systems by the end of the year, according to a release shared with The Block. Were excited to sit in the middle of the economic boom that will appear on-chain with partners like Coinbase and Base leading the charge. "NFT trades brought in $96.91 million in volume between July 14 and July 24, according to The Blocks Data Dashboard.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry.