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HomeInsightFunding Alert NFT platform Colexion raises $5 million in funding

[Funding alert] NFT platform Colexion raises $5 million in funding

Colexion
NFT platform Colexion

Colexion, a celebrity NFT platform has raised over $5 million in funding. The latest funding will help the platform build and expand its metaverse infrastructure.

Colexion is one of Asia’s largest licensed NFT marketplace, allowing digital artists to enter the NFT space and channelise their passion for art and creativity.

“We at Colexion aim to increase NFT adoption via seamless, affordable and easy to understand NFT ecosystem and partnering with these industry giants will help in strengthening our long-term objective and expand our metaverse.” Abhay Aggarwal, Founder and Chief Executive Officer (CEO) of Colexion, said.

The NFT platform previously raised $1.8 million in a seed round and $3.2 million in a private round. Colexion is back by Polygon, Jump Trading investments, Alan Howard of Brevan Howard, HyperEdge Capital, C² Ventures, GSR, Oracles Investment Group (OIG), Gains Associate and several other prominent names like ZBS Capital, ICO Pantera, Titan Ventures, Good Games Lab, Maven Capital, among others.

“As a company, we will continue to focus on building a more robust economy and innovate our product portfolio to leverage brand partnerships in a much more efficient manner.” Abhay Aggarwal, said.

Artists can buy and sell these digital collectibles or non-fungible tokens to generate revenue and build value over time. They are building a community of digital artists to empower them with infinite growth opportunities and provide a robust platform to enter into the metaverse in the form of trump cards.

Colexion is the most elite & curated digital marketplace for premium NFTs.

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