avatar

NFT Tools Provider Venly Closes $23M Series A Funding Round with Participation from Coinbase Ventures and others

NFT tools provider Venly (formerly Arkane Network) has closed a $23 million Series A round led by Courtside Ventures with participation from Coinbase Ventures, Tioga Capital, Fortino and others. The funds raised will be used for Venly to develop products centered around new benefits to web 3 users, with a close focus on gaming as well as e-commerce. Venly reportedly plans to launch a gas accelerator for game studios and Web3 startups to support the entire blockchain ecosystem. In addition, Venly will launch the $VENS Token, an internal token to drive loyalty and engagement of the Venly Market users.
Source

NFT

Tools

Fund Raising

Coinbase Ventures

Related News
Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report
Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation
Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint
Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
Latest News More More
2 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
3 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
3 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
6 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
June 25 Circle's post-IPO stock surge pushes market cap near Coinbase and USDC

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open