NFT infrastructure startup Rarify raises $10M from Pantera Capital

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NFT infrastructure startup Rarify raises $10M from Pantera Capital
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Another day, another raise. Nonfungible token infrastructure startup Rarify has raised $10 million in Series A funding from Pantera Capital at a valuation of $100 million.

Nonfungible token infrastructure startup Rarify has raised $10 million in Series A funding from Pantera Capital at a valuation of $100 million.top venture capital firmsOne of Rarify’s primary offerings is an NFT commerce-focused application programming interface that enables firms to launch and integrate user-friendly marketplaces in their platforms. The API also allows minting and porting NFTs between different blockchains.

Tsivtsivadze highlighted the check-out process of marketplaces such as OpenSea, which he argued has something “like a 14-step process” that could be cut down to as little as three steps.

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NFT Startup Rarify Raises $100 Million Series A—While Contending With Key Employees Stuck In UkraineNFT Startup Rarify Raises $100 Million Series A—While Contending With Key Employees Stuck In UkraineGood and bad news for NFT startup Rarify. The good: It has raised a $10 million Series A to $100 million from Pantera Capital. And the bad news, four of Rarify’s 14 employees remain in Ukraine, where they had been living before the Russian invasion.
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