5 NFT Startups Investors are Flocking To

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In this article, we discuss the 5 NFT startups investors are flocking to. If you want to read our detailed analysis of these stocks, go directly to the 10 NFT Startups Investors are Flocking To.

5. Dapper Labs

Dapper Labs is a company that makes blockchain-based products for specific needs of users and is geared towards sports and entertainment purposes. It supports NFTs as well. The company was founded in 2018 by Dieter Shirley, Mack Flavelle, and Roham Gharegozlou. It has raised more than $357 million in funding so far over six rounds. The latest round, held in March, brought in $305 million. Some of the investors in the project are True Capital Management and Andre Drummond, among others. 

The company is based in Canada. In June, after the success of the Flow blockchain, the company announced that it was partnering with Prime Trust to launch a new dollar-backed stablecoin. In April, news platform The Information reported that the company was valued at close to $7.5 billion after raising $305 million in a funding round in March.

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