Stock Groups

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

by Mike Robinson

[ad_1]

© Reuters.

Royal Music, an online music platform that is chain-based, announced the completion of a Series A financing round. It was led by Andreessen Horowitz, a venture capitalist.

Royal lets music fans purchase rights using nonfungible tokens, or NFTs. The co-founders of Royal are JD (NASDAQ) Ross, an entrepreneur, and Justin Blau, a DJ who goes under the stage name 3LAU. AnnouncementAfter a $16million seed round, they closed the Series A financing of $55 million on November 23.

Continue Reading on Coin Telegraph

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

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. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]