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Upshot Raises $22M Series A2 Led By Polychain To Accelerate Development Of Real-Time Nft Appraisals

Mar 22, 2022over 3 years ago

Amount Raised

$22 Million

Round Type

series a

Boston

Description

Upshot, a blockchain-based protocol providing industry-leading non-fungible token (NFT) appraisals, today announced a $22 million Series A2 funding round led by Polychain Capital, the world's premier investor in cryptocurrency protocols and companies. Polychain joins previous investors Framework Ventures, CoinFund, Blockchain Capital, Slow Ventures, Mechanism Capital, and Delphi Digital, among others. Upshot is the first, and leading, technology company that can accurately and reliably appraise the value of digital assets like NFTs at scale. The company plans to use the funds for additional research and development for its pricing models and to build out its growing team

Company Information

Company

Upshot

Location

Boston, Massachusetts, United States

About

Upshot is a blockchain-based protocol providing industry-leading non-fungible token (NFT) appraisals. By delivering accurate and trusted expert appraisals, Upshot enables the creation of solutions at the intersection of decentralized finance (DeFi) and NFTs - for the industry and themselves. Upshot Analytics is currently available in private Beta and will open to the general public soon. The Upshot API is currently available and being used by teams to inform their projects. You can learn more about Upshot, its capabilities and sign up for the Beta at https://app.upshot.xyz/.

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