NFT Royal Music Market Raises $ 55 Million In Series A By Cointelegraph

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© Reuters.

On-chain music platform Royal has announced a Series A funding round led by venture capital giant Andreessen Horowitz.

Royal allows fans to purchase music rights through non-fungible tokens (NFTs). Its co-founders, entrepreneur JD (NASDAQ 🙂 Ross and DJ Justin Blau who goes by the stage name 3LAU, announcement on Nov. 23, they had closed a $ 55 million Series A funding, following a $ 16 million funding round in August.

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