The round was led by FinTech Collective and Variant, with additional participants including Robot Ventures, Polygon, Coinbase Ventures, The LAO, FlamingoDAO, Ryan Sean Adams, David Hoffman, Eric Conner, Anthony Sassano, Cyrus Younessi, DC Investor, James Young, James Duncan, Nadav Hollander and Brendan Forster. NiftyApes, which allows users to take out loans on any NFT collection, will use the funds to grow its team and continue expanding the firm.