NFT Music Platform Royal Closed $55 Million Series A Funding Round Led by a16z

TokenInsight news, NFT music platform Royal has closed a $55 million Series A round led by a16z with participation from Coinbase Ventures, Paradigm and others. Royal democratizes music ownership by allowing users to purchase digital assets that represent their favorite songs and share royalties. The platform currently has over 120,000 registrants. This follows Royal's $16 million seed round of funding announced in August, led by Paradigm and Founders Fund.
Source

Fund Raising

a16z

Related News
Blur Founder's L2 Network Blast Raises $20M, Backed by Paradigm Blur Founder's L2 Network Blast Raises $20M, Backed by Paradigm
Crypto Exchange Blockchain.com Raised $110M, Led by Kingsway Capital Crypto Exchange Blockchain.com Raised $110M, Led by Kingsway Capital
Blockchain Payment Firm Fnality Raised $95M, Led by Goldman Sachs and BNP Paribas Blockchain Payment Firm Fnality Raised $95M, Led by Goldman Sachs and BNP Paribas
$CYBER Surged over 30% in Past 24 Hours as Binance Labs Announced Investment in CyberConnect $CYBER Surged over 30% in Past 24 Hours as Binance Labs Announced Investment in CyberConnect
Hybrid Exchange Cube Raised $9M in Seed Funding Hybrid Exchange Cube Raised $9M in Seed Funding
Latest News More More
Nostr Developer Warns Users That NostrAssets Is a Scam, Nostr Assets Protocol Disagrees
Bitcoin Rises Above $40,000, Researches Predict Price Above $100,000 Next Year
2 Days Ago Botanix Labs Launches EVM-equivalent Bitcoin Layer 2
2 Days Ago AntPool Agrees to Refund Accidental $3 Million Bitcoin Transaction Fee
2 Days Ago MicroStrategy Purchased 16,130 Additional Bitcoins, Plans to Raise $750M Through Stock Sale
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open