Courtyard Raises $7M In Seed Funding To Redefine Physical Collectibles Ownership Through Nfts

Nov 02, 2022•over 2 years ago

Amount Raised

$7 Million

Round Type

seed

San FranciscoCryptocurrencyBlockchainVenture Capital

Description

Courtyard, the physically-backed NFT platform, today announced it has raised $7 million in seed funding by global venture capital firm New Enterprise Associates (NEA) with participation from Y Combinator, OpenSea Ventures, VaynerFund, Brink's, Cherry Ventures, and a select group of angel investors. The company has built cutting-edge blockchain infrastructure that allows physical collectibles to be owned and traded as non-fungible tokens (NFTs) for greater liquidity. The new capital will help fuel product development, hiring, and expansion within Courtyard's target market.

Company Information

Company

Courtyard

Location

San Francisco, California, United States

About

Courtyard is redefining physical asset ownership through Connected Collectibles – a new, frictionless way of storing and trading physical goods. They believe that blockchain technology has the potential to transform the $370B collectible market and want to provide additional liquidity to remove the friction inherent to trading high value assets. This is a key application of blockchain technology that solves a problem in the physical world. More information about Courtyard can be found on courtyard.io, on Twitter at @courtyard_nft, or on Discord at discord.gg/CourtyardNFT.

Courtyard Raises $7M In Seed Funding To Redefine Physical Collectibles Ownership Through Nfts

Description

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