Non-fungible token (NFT) platform on the Solana blockchain Fractal has recently closed a $35 million seed funding round.
According to the project, the funding round has been led by Paradigm and Multicoin Capital. In addition, other participants include Andreessen Horowitz, Solana Labs, Animoca Brands, Coinbase and others.
The company has reported that it will use the raised funds to expand the development team.
Fractal, which acts as a primary and secondary NFT marketplace, was founded in December 2021 by Twitch co-founder Justin Kan.
Blur, an NFT marketplace focused on professional traders, last month raised $11 million in seed investments in a funding round also led by Paradigm.