Tonic.xyz, a San Francisco, CA-based remote provider of a gallery offering curated art on the blockchain, raised $5M in Seed funding.
The round was co-led by Patron.xyz and TTCER.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Susannah Maybank, Tonic.xyz extends access to blockchain art to crypto-native consumers. The platform offers a space for consumers to learn about and collect generative artworks that bridge the digital and physical worlds. His first three art auctions sold out, generating a total of over $4.2M in primary and secondary GMV sales in less than three months. His recent release is Strands of Solitude, by famed Parisian artist and programmer William Mapan.
Tonic.xyz is a Heretic Ventures company.
FinSMEs
15/04/2023