The NFT industry continues to raise huge amounts of money – most recently, NFT platform 0X labs, partnering with Coinbase, received $70 million in Series B funding.
The funds came from prominent investors such as OpenSea, Jared Leto, Pantera, Jump Capital and Coinbase.
Ox had previously raised $39 million in funds, with one of the rounds taking place through token sales in 2017.
Ox is a decentralized, open-source exchange platform that allows the exchange of P2P assets on the Ethereum blockchain. Ox’s native crypto-asset is token 0x (ZRX).
The platform recently partnered with Coinbase to support its NFT marketplace. The collaboration will allow Coinbase users to access NFT through buying and selling at low transaction costs.
There are millions of dollars invested in a significant number of NFT platforms for development in 2022.
In January, holding company Metaversal raised $50 million in Series A financing. NFT investment company Sfermion was financed with $100 million in funding.