Music NFT Platform SoundMint Closes $1.7 Million Seed Round Led by Animoca Brands

SoundMint, a music NFT platform, has closed a $1.7 million seed round led by Animoca Brands with participation from Castle Island Ventures, Focus Labs, Sky Vision and others at a post-money valuation of $30 million. The funds raised will be used to expand SoundMint's team, accelerate product development, expand usability and brand awareness, and further build the SoundMint audiovisual music NFT platform.