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Palm NFT Studio Receives $27M in Series B Financing Led by Microsoft M12
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blockchain.newsPalm NFT Studio, co-founded by ConsenSys founder and Ethereum co-founder Joseph Lubin, received a total of US$27 million in Series B financing led by Microsoft-led venture fund M12.
The funds obtained this time will support the continuous development and expansion of Palm NFT Studio's technology platform; and launch more NFT projects with leading creators in the fields of entertainment, art, games, and creative culture.
The focus will be on third parties who deploy NFT projects on a large scale to provide this platform so that new users can easily get started while complying with regulatory compliance and environmental sustainability.
Other investors include Griffin Gaming Partners, RRE, Third Kind Venture Capital, Sfermion, LAO, Warner
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