NFTBank Operator Closes Approximately $12 Million Series A Funding Round Led by Hashed

Contxts.io, the operator of NFT asset management platform NFTBank, closed a 15 billion won Series A round of funding (approximately $12 million) led by Hashed with participation from Sequoia Capital, 1kx, DCG, Alameda Research, Dapper Labs and others. Contacts IO plans to establish a 50 billion won fund to invest in startups that want to develop NFT projects and a 30 billion won fund to invest in potentially value-added NFT.