Recur Announces $50M Series A Raise At $333M Valuation

RECUR, the technology company that designs and develops on-chain branded experiences allowing fans to buy, collect, and re-sell digital products and collectibles (NFTs), today announced its Series A raise of $50M at a $333M post-money valuation, making it the largest Series A in the NFT space. DIGITAL, a metaverse investment platform led by Web3 gurus Mark Daniel and Benjamin Milstein, with financial backing from Steve Cohen's family office, was the lead investor in the financing. Mr. Cohen will also serve on RECUR's board as DIGITAL's initial designated director.