NFT Platform Colexion Raises $5 Million To Expand Its Metaverse
Celebrity NFT platform Colexion has raised over $5 million, which the startup will use to build and expand its Metaverse infrastructure.
The startup has raised $1.8 million in the seed round and $3.2 million from a private round. Its investors include Polygon, Alan Howard of Brevan Howard, HyperEdge Capital, Jump Trading investments, C² Ventures, GSR, Maven Capital, Oracles Investment Group (OIG), Titan Ventures, Good Games Lab and more.
The expansion plans will enable Colexion to go beyond conventional trading platforms to offer artists and collectors.
Colexion | Digital Marketplace For Premium NFTs
Founded by Abhay Aggarwal, Colexion is a curated digital marketplace for premium NFTs with a focus on licensing celebrity NFTs while ensuring they remain affordable for the masses.
This premium NFT marketplace is building a virtual museum of legendary celebrities that will enable the users of this NFT platform’s ecosystem to see the life journeys of legendary celebrities.
Speaking about the platform, Abhay Aggarwal, Founder and Chief Executive Officer (CEO) of Colexion, said,
“We at Colexion aim to increase NFT adoption via seamless, affordable and easy to understand NFT ecosystem and partnering with these industry giants will help in strengthening our long-term objective and expand our metaverse.”
Abhay added that the startup would continue to focus on building a more robust economy and innovate the product portfolio to leverage brand partnerships in a much more efficient manner.
The expansion of its Metaverse world will bring a diverse community together to achieve a common goal. The NFT platform’s ecosystem will also enable users to enjoy various tournaments and concerts. Also, the native $CLXN utility token will be added to numerous launchpads, including Prostarter, Redkite, Scaleswap, Firestarter, and more.
$CLXN utility token will also be traded in a few top exchanges. Furthermore, the $CLXN token and native Colexion NFTs will trade on the built-in marketplace and multiple Tier-A exchanges.
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