The Broadway Exchange, a New York-based digital collectibles marketplace, raised $2M in Seed funding.
The round was led by Christine Schwarzman’s Broadway production company, No Guarantees.
The company intends to use the funds to grow its active user base and extend its market position in technology, marketing, and content.
Led by Ron Guirguis, CEO, The Broadway Exchange works with theatrical partners to create digital collectibles, based on their intellectual property, and offer them for sale in its marketplace, where they can be bought, traded, and shared by fans. The company, which is owned by MuseWorks Labs Inc, partners with Broadway, off-Broadway, London’s West End, and regional productions.
The Broadway Exchange recently partnered with Dapper Labs to move to the Flow blockchain, where minting collectibles on the chain requires less energy than an Instagram post or Google search.
FinSMEs
22/02/2023