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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