Mintify, a burgeoning platform in the FinTech sector, has successfully raised $3.4m in a recent funding round.
The investment was supported by a coalition of entities including ARCA, Cumberland, GM Capital, Psalion, Master Ventures, Zeneca, Spencer VC, and an impressive lineup of over fifty angel investors.
Mintify operates as a dynamic interface and execution engine specifically for NFT trading. The platform is recognised for facilitating rapid transactions and maintaining a robust engagement rate, with over 140K active wallets and more than 300K transactions executed in less than a year. Mintify has already been integrated into major blockchain ecosystems like ETH, Base, and Blast, and plans are set to expand to Ordinals and additional chains by year-end.
The funds from this investment round are earmarked for significant enhancements to Mintify’s product lines and network supports, coinciding with the launch of Mintify’s own token later this year. Mintify is pushing the boundaries into new realms such as gaming, digital art, and more, indicating a strategic diversification of its service offerings.
Mintify’s infrastructure and trading terminal are designed to seamlessly integrate into the burgeoning sectors of digital assets, including games, music, art, real world assets (RWAs), and fashion.
Dan Simerman, Principal Advisor and Investor, remarked, “Emerging on-chain economies that leverage digital assets need infrastructure, tooling, and functionality for liquid markets, sophisticated users, and large ecosystems to emerge. Mintify has been at the forefront of this market for years and has taken a broader view as it relates to supporting real use cases such as gaming, art, music, and Real World Assets.”
Evan Varsamis, CEO of Mintify, said, “Digital assets will become an integral part of our lives, encompassing assets like games, music, art, RWAs, and fashion. Mintify is equipped with a modular infrastructure and a trading terminal to facilitate this digital collectible revolution. This structure supports both professional traders and those wanting to join the scene, offering both sophisticated tooling and a clear user experience.”
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