NF3 Raises US$1.65M in Seed Funding

NF3

NF3, a Singapore-based community-first NFT swaps and financing marketplace, raised US$1.65M in Seed funding.

The round was led by Infinity Ventures Crypto and Spartan Group with participation from DWF Labs, Saison Capital, Neil Gomes, EMEA, David Chreng, LeadBlock and Arthur Hayes.  

The company intends to use the funds to accelerate growth and expand operations.

Led by Poorvi Sachar along with Bored Ape Yacht Club members Skittlewood and 0xStarmowa, NF3x is a multichain that swaps and options to swap marketplace enabling users to create personalized trading opportunities in a safe environment. NF3 Exchange (NF3x) will feature NFT swapping, bartering and financing features, enabling users to exchange their digital collectibles with others. Collectors looking to “upgrade” their collectibles to ones with rarer traits have the option of making a trait-wide offer package or contact existing owners on the platform using the build-in chat function.

NF3 Exchange will first launch on the Ethereum blockchain, with support for Tezos, Polygon and Solana NFTs next on the roadmap. The platform will allow NFT collectors to have complete control over their digital assets, while offering peer-to-peer financing options including “Buy now, Pay later” to capture these opportunities as they emerge in Web3.

NF3 also announced the launch of ApeCoinStaking.io in partnership with Solidity.io earlier this month to build an Apecoin staking platform for Bored Ape Yacht Club communities around the world.

FinSMEs

12/12/2022