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NFT music marketplace Royal raises $55M in Series A round -Breaking



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.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.