Metaplex, a company that allows users to build their own Solana-based non-fungible token (NFT) marketplaces, has raised a $46 million funding round led by
Multicoin Capital and
Jump Crypto.
Over 5.7 million NFTs were created using Metaplex since June 2021
The company says its protocol has been used to create over 85, 000 projects and 5.7 million NFTs since its launch last June, according to a press release.
“We believe the metaverse will be open, censorship-resistant and globally accessible, ” Sergey Vasylchuk, director of the Metaplex Foundation, said in a press release. “In this metaverse, Metaplex will serve as a common protocol and NFT standard to empower the next wave of decentralized commerce, social and gaming experiences.”
Funding round
Additional participants in the funding round included Animoca Brands, Solana Ventures, Alameda Research and basketball legends Michael Jordan and Allen Iverson.
Metaplex says it will use the funding to scale its operations and provide grants to support creators from underrepresented communities.