The $10m capital raise — ahead of the launch of what MetaStreet dubs “PowerSweep” — brings the company’s one-year funding haul to $24m. The round received participation from existing investors from Dragonfly Capital, Nascent and Ethereal Ventures. New investors include Fintech Collective, DCG, TheLAO, Focus Labs, Mirana Ventures, Metaversal, OpenSea Ventures, Ledgerprime, Meta4 and Flying Falcon.
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MetaStreet secures $10m for NFT loans in the Metaverse
“Previously we were only focused on the capital deposit side of the equation, and now we’re expanding our offering to help solve problems directly for borrowers,” Moore said.
