NFT Trader recovers stolen Apes, Line’s NFT arm raises $140M: Nifty Newsletter
OKX NFT surpassed competitors Blur, OpenSea and Magic Eden in daily trading volume as Bitcoin Ordinals trading intensified.
In this week’s newsletter, read about Line Next’s $140 million fundraise while preparing to launch its nonfungible token (NFT) marketplace globally, and find out how NFT Trader recovered $3 million in NFTs that were stolen from its platform. Check out how an executive imagines renting out in-game assets through NFTs, and read about the OKX NFT platform surpassing competitors in daily trading volume. In other news, Coinbase’s Base blockchain gets its very own song.
Line Next, which is the popular messaging platform’s NFT-focused venture, raised $140 million as it prepares to launch a global marketplace. Crescendo Equity Partners, a firm backed by former PayPal CEO Peter Thiel, led the funding round.
The company also announced that DOSI, Line Next’s global NFT marketplace, is scheduled to launch early in 2024 after integrating with the firm’s existing NFT platform based in Japan.
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