Blockchain Firm Crossmint Used by Adidas, Red Bull Raises $23.6M in Funding
Crossmint, a blockchain firm that has collaborated with major brands like Adidas and Red Bull, successfully raised $23.6 million in a recent funding round. This financing effort continues to attract interest in the growing intersection of blockchain technology and traditional consumer industries. Crossmint focuses on simplifying the process of minting non-fungible tokens (NFTs), helping brands to integrate blockchain solutions into their business models. The ability for well-known companies to leverage Crossmint's platform signifies increasing adoption of blockchain technology within mainstream sectors. The company aims to enhance user experience in the NFT space, paving the way for broader acceptance and innovation in digital collectibles and other blockchain applications.
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