OneOf Closes Over $8M in Strategic Funding Round

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OneOf, a Miami, FL-based green Web3 company for iconic musicians, athletes and brands, closed over $8M in a strategic funding round.

Backers included Amex Ventures, Mirabaud Lifestyle Impact and Innovation Fund, Snow Hill Ventures, Sangha Capital, Chain Link Crypto Fund and others. Existing investors included Actai Unicorn Fund, Galaxy Digital, Nima Capital, Sangha Capital, Recharge Capital, Andromeda Capital, Sanctor Capital, Tezos Foundation and others.

The company, which has raised over $72M in funding to date, intends to use the funds to accelerate the development of its environmentally sustainable NFT marketplace and support its growth in the music, sports and brands verticals.

Co-founded in 2021 by seasoned technologist and entrepreneur Lin Dai (CEO), digital media executive Joshua James (COO) and music industry veteran Adam Fell (CSO), OneOf is a platform that supports NFTs on multiple energy-efficient blockchains, connecting fans and collectors to iconic musicians, athletes and brands. Iconic musicians, athletes and brands (such as Doja Cat, The Notorious B.I.G, Wayne Gretzky, Muhammad Ali, Grammys, Warner Music Group, iHeart Media, Duke Basketball, Sports Illustrated, Anheuser-Busch and Gatorade) partner with OneOf to explore ways to bring green and sustainable NFTs to millions of non-crypto native fans worldwide.

FinSMEs

01/08/2022