NFT

Animoca Brands Leads $8M Funding Round for Solana-Based NFT Platform

Animoca Brands Leads $8M Funding Round for Solana-Based NFT Platform

Burnt Finance protocol powered by the Solana blockchain has raised $8M in a funding round led by Animoca Brands.

Proceeds will be used to expand the team and form partnerships with other projects in the Solana ecosystem.

Burnt Finance is famous for burning a digital version of Banksy’s artwork before selling it as an NFT. The company announced that it has already launched its NFT trading platform.

Alameda Research, Multicoin Capital, Valor Capital, Figment, Spartan Capital, HashKey, Terra, Fantom and others also participated in the investment round.

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