On March 3, NFT infrastructure startup Rarify completed a $10 million Series A financing at a valuation of $100 million, led by Pantera Capital, with participation from Eniac Ventures, Greycroft, Hyper and Slow Ventures.
The funding will be used to accelerate hiring and product launches for the business. Rarify currently provides commercial API infrastructure for marketplaces and applications to build end-to-end NFT experiences.
Pantera partner Paul Veradittakit said the financing will accelerate Rarify’s growth and make NFTs available to companies and the wider consumer base.