Mintable Secures US$13 Million in Series A Funding Round

Mintable, a next-generation non-fungible token (NFT) minting platform and marketplace, announced that it has secured US$13 million in series A funding round with participation from Ripple, Animoca Brands, Metapurse, Doug Band and Jon Oringer, etc.

With the new injection of funds, Mintable will be focusing on scaling its operations and boosting its growth and user acquisition initiatives.

Zach Burks, CEO and Founder of Mintable, said: "Throughout 2021, NFTs have reached mass appeal, having touched almost every sector spanning entertainment, fine arts, sports, and many more. As the technology continues to mature and the space rapidly evolves, this is a critical company milestone for Mintable and we are thankful for the support from our investors who hold the same shared belief of the many opportunities that NFTs can bring among mainstream users."

To date, Mintable has seen immense growth in the past year, with approximately 700,000 items now minted on its platform. The proceeds of the Series A investment will be used to further spearhead numerous user acquisition and growth initiatives for Mintable's individual users and brand clients. Mintable will continue to develop and launch new products to deliver on its mission of making the buying and trading experience of NFTs as easy and accessible as possible for the mass market.

Headquartered in Singapore, Mintable is a leading NFT marketplace and minting platform built on the blockchain. Mintable is the first in the industry to implement a unique gas-free minting feature that allows users to create their NFTs, enabling content creators to fully benefit from what NFTs have to offer without being burdened by prohibitive transaction fees. Since launching in 2018, Mintable has established a growing catalogue of unique items, spanning digital art, music, collectibles, game items, domains, and many more, for sale on its platform.