Mint Blockchain Raises $5M in Seed Funding

 Mint Blockchain

Mint Blockchain, a Los Angeles, CA-based provider of an Ethereum L2 network for NFT industry, raised $5M in Seed funding.

Backers included Jsquare, SNZ Capital, Antalpha Ventures, Mask Network, BlockAI Ventures, Predator Capital, GoPlus, Whitelist Ventures, PANONY Group, and individual investors.

The company intends to use the funds for global market brand building and NFT infrastructure development.

Mint Blockchain is built on OP Stack, the open-source development stack developed and maintained by the Optimism Collective. As an EVM-compitble network and a genuine Ethereum L2, developers in the Ethereum ecosystem can extend their projects to the Mint Blockchain network. It has been designed with NFT assets and their holders in mind, providing Web3 developers with one-stop underlying infrastructure services including NFT asset issuance, trading, indexing, storage, and other related services.

In addition to the seed round, the Mint mainnet launched in May 2024. It currently has more than 400,000 active users worldwide and supports 80+ applications. Mint Blockchain is an Ethereum L2 network jointly launched by NFTScan Labs and the MintCore developer team.

FinSMEs

04/06/2024