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Mint Blockchain Raises $5 Million in Seed Funding

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8 months ago

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New blockchain

New blockchaina Los Angeles, California-based provider of an Ethereum L2 network to the NFT industry has raised $5 million in seed funding.

Backers included Jsquare, SNZ Capital, Antalpha Ventures, Mask Network, BlockAI Ventures, Predator Capital, GoPlus, Whitelist Ventures, PANONY Group and individual investors.

The company intends to use the funds for brand building in the global market and development of NFT infrastructure.

Mint Blockchain is built on OP Stack, the open source development stack developed and maintained by Optimism Collective. As an EVM-compatible network and a true Ethereum L2, developers in the Ethereum ecosystem can extend their projects to the Mint Blockchain network. It was designed with NFT assets and their holders in mind, providing Web3 developers with unique underlying infrastructure services, including NFT asset issuance, trading, indexing, storage, and other related services.

In addition to the seed round, the Mint mainnet launched in May 2024. It currently has more than 400,000 active users worldwide and supports over 80 applications. Mint Blockchain is an Ethereum L2 network jointly launched by NFTScan Labs and the MintCore developer team.

Financial SMEs

04/06/2024

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