NFT: the new AlienSwap marketplace raises $12M

AlienSwapa new NFT marketplace focused on the communityhas just completed a 12 million dollar round of financing led by NEXT Leader Capital and C² Ventures.

This Thursday, AlienSwap announced a 12 million dollar fundraiser to develop the “leading NFT trading layer “. Founded by alumni of Binance, OKX and Tencent, AlienSwap is a market and an NFT aggregator known as “community “.

The AlienSwap team and all investors share a very consistent goal, which is to build an industry-leading NFT trading platform through product innovation and community,” the marketplace wrote in a blog post, noting that it is very optimistic about the long-term growth potential of the NFT market.

The funding round ofAlienSwap was conducted by the investment firms C² Ventures and NEXT Leader Capital. The transaction also includes the participation ofOKX VenturesBIP32 Venture, Hyper10n Capital, or Phyrex.

The capital raised will be used by AlienSwap to expand its teams and design new “innovative” products and tools “.

We are thrilled to announce that AlienSwap has raised $12 million to build the leading NFT trading layer.

NEXT Leader Capital and @CsquaredVC led this round, @OKX_Ventures added strategic investment.https://t.co/FuUanjIfD8 pic.twitter.com/ayyyRUi2C3

– AlienSwap👽NFT Marketplace (@AlienSwap_NFT) May 4, 2023

The version beta of its platform launched last December has recorded a cumulative trading volume exceeding $50 million, according to a release.

In the coming weeks, the company plans to offer AlienSwap Proa solution that will offer an advanced dashboard and save on gas costs.

OKX Ventures hopes this investment can help AlienSwap become a more efficient NFT marketplace and reshape the industry’s competitive landscape,” the VC arm of the OKX exchange said.

The segment of NFT marketplaces is now largely dominated by OpenSea and Blur, according to data provided by DappRadar.

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