NFT Music Platform Royal Closes $55M Funding Round Led by a16z

Name: NFT Music Platform Royal Closes $55M Funding Round Led by a16z
Uploaded: 2021-11-24T01:53:09Z
Duration: 6 min 363 s
Description: Just three months after a $16 million seed round, Royal, the music tokenization platform launched by crypto-friendly DJ and entrepreneur Justin “3LAU” Blau, closed a $55 million Series A raise led by Andreessen Horowitz (a16z). “The Hash” team discusses the implications for tokenized royalties and the wider role of blockchain in the traditional music industry.

Nov 24, 2021

Just three months after a $16 million seed round, Royal, the music tokenization platform launched by crypto-friendly DJ and entrepreneur Justin “3LAU” Blau, closed a $55 million Series A raise led by Andreessen Horowitz (a16z).

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