Targeted at professional traders, NFT marketplace Blur has raised $11 million in seed funding in a funding round led by Paradigm.
The round also included eGirl Capital, 0xMaki, LedgerStatus and other venture capital investors.
The developers outlined Blur’s mission: to solve the problems of the segment by “bringing the NFT space closer to the institutional level while increasing decentralization.”
The company behind the NFT collection Bored Ape Yacht Club, Yuga Labs, has raised $450 million at a $4 billion valuation.
Immutable previously raised $200 million in a Series C funding round led by Temasek.