NFT Platform Genies Closed $150 Million Funding Round at $1 Billion Valuation Led by Silver Lake

NFT platform Genies has closed a $150 million round of funding led by Silver Lake at a $1 billion valuation. The funds raised will be used to accelerate the building of online NFT creation and sales tools to further expand Genies' Web3 ecosystem. Previously, Genies closed a $65 million round in May 2021 with participation from Polychain Capital, Coinbase Ventures, Hashkey and others.