NFT Marketplace Fractal Raises $35M in Latest Funding Round

Non-fungible token (NFT) platform on Solana blockchain Fractal has closed a $35M seed funding round.

The funding round has been led by Paradigm and Multicoin Capital with the participation of Andreessen Horowitz, Solana Labs, Animoca Brands, Coinbase and more.

The funds raised will be used to expand the development team. Fractal was founded in December 2021 by Twitch co-founder Justin Kan. The platform acts as a primary and secondary NFT market.

In March 2022 Blur, an NFT marketplace focused on professional traders, raised $11 million in seed funding in a funding round led by Paradigm.

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