Niftex.com, a Singapore-based platform for fractional ownership of Non-Fungible Tokens (NFTs), raised $500k in funding.
The round was led by 1kx with participation from CoinFund, Sparq Ventures, Digital Currency Group, MetaCartel Ventures and others.
The company intends to use the funds to further advance NFT markets and applications.
Niftex.com is a platform for fractional ownership of Non-Fungible Tokens (NFTs). Since the launch of its Alpha five months ago, the company has generated more than $1,800,000 in volume (4,000+ ETH) for its novel NFT fraction markets.