avatar

Solana-based NFT Utility Protocol Cardinal Raised $4.4M in Seed Round Co-led by Solana Ventures and Protagonist

Solana-based NFT utility protocol Cardinal announced that it has closed a $4.4m seed funding round co-led by Solana Ventures and Protagonist, with participation from Animoca Brands, Alameda Research, Delphi Digital and CMS Holdings. The fund raised will be used to hire staff. Cardinal aims to improve the utility of NFTs by offering NFT use cases such as rentals, staking and ticketing.
Source

Solana

NFT

Fund Raising

Alameda Research

Animoca Brands

Related News
Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens
Canada to launch spot Solana ETFs this week: report Canada to launch spot Solana ETFs this week: report
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
Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged
Latest News More More
14 Hours Ago Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model
1 Day Ago Ethereum developers activate Pectra upgrade with 11 changes to improve UX, validator ops and Layer 2 scaling
2 Days Ago Riot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 million
April 29 Circle secures in-principle approval to operate as money services provider in Abu Dhabi
April 29 Mastercard moves to integrate stablecoins into global payments network

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