1confirmation announces investment in NFT project Catalog

TokenInsight news. According to The Block, 1confirmation, an investment company backed by Peter Thiel and Mark Cuban, announced its investment in the NFT project Catalog on Thursday. This financing has injected 2.2 million US dollars of new capital into the Catalog project. Other investors in this round of financing include Inflection and Delphi Digital. This round of investment is part of 1confirmation's second fund. In addition, 1confirmation recently raised $125 million for its third fund to support early-stage crypto companies. Catalog is designed to serve a specific corner of the NFT market: independent music artists. The startup said that it has recruited more than 100 independent artists, and their total revenue from selling records through the platform exceeds $210,000.