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NFT Trading Platform Giant MakersPlace Completes $30M in Series A Financing

Annie Li   Aug 05, 2021 09:35 2 Min Read


Non-Fungible Token (NFT) trading platform MakersPlace today announced the completion of a $30 million Series A financing jointly led by Bessemer Venture Partners and Pantera Captial.

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This time, the funds raised will provide a platform with better tools and services for digital creators and develop various ways to introduce creators' digital art and NFT to mainstream collectors and audiences.

Other existing investors include Uncork Capital, Draper Dragon Digital Assets, 9Yards Capital, Coinbase Ventures, and Sony Music Entertainment.

The following strategic investors include Acquavella Galleries, Sabrina Hahn and Bill Ruprecht in the arts; Eminem, Paul Rosenberg, 3LAU in music, Larry Fitzgerald and Shari Glazer in sports; Eric Baker, Julia and Kevin Hartz, Vinny Lingham and Tobias Lütke in tech, to participate in this financing.

It is reported that the number of collectors using the MakersPlace platform has increased by more than ten times in 2021, and the transaction volume has exceeded $100 million.

The MakersPlace NFT trading platform has always been committed to supporting talented digital artists and providing a trusted platform to showcase their digital artworks to a global audience.

The most memorable event in history is that MakersPlace, in cooperation with Beeple and Christie’s, jointly completed the largest A non-fungible token (NFT) based on an artwork called “The First 5,000 Days” by Mike Winkelmann, popular known as Beeple auction-which has been auctioned for approximately $69.3 million that now ranks as the biggest sale to date.

In addition to MakersPlace embarking on the path of financing development and expansion, another well-known NFT trading platform giant OpenSea announced the completion of a $100 million Series B financing and officially joined the crypto unicorn track as reported by Blockchain.News on July 21.


Image source: Shutterstock

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