Royal, an on-chain music platform, has announced that it will be raising Series A capital from Andreessen Horowitz Venture Capital.
Royal allows music lovers to purchase music rights through nonfungible tokens. Co-founders are JD Ross (NASDAQ:) Ross and Justin Blau (aka 3LAU), an entrepreneur. AnnouncementAfter a $16 million seed round in August, they closed Tuesday’s $55-million Series A financing.
Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of the potential risks and financial costs involved in trading the financial market. It is among the most risky forms of investment.