NFT Rental Protocol reNFT Closes $5 Million Financing Round with OpenSea Involved

NFT rental protocol reNFT closed a $5 million round of funding led by Mechanism and gumi Cryptos Capital, with participation from Gemini, The Sandbox, OpenSea, Sfermion and others. The funds will help reNFT to accelerate the pace of hiring, capture integrations across multiple blockchains, and extend their product suite. Previously, reNFT closed a $1.5 million seed round led by Animoca Brands in October 2021.