Joepegs NFT Marketplace Announces Funding Round Co-Led By FTX Ventures

Joepegs NFT Marketplace Announces Funding Round Co-Led By FTX Ventures

Avalanche NFT marketplace Joepegs announced a $5M seed round co-funded by FTX Ventures and Avalanche, the platform announced on Monday

CryptoFish, the anonymous co-founder of Trader Joe (a decentralized exchange on Avalanche) and Joepegs, acknowledged the odd timing of the announcement given the controversy still unfolding around FTX. 

“The funding from FTX Ventures was completed in June, and have since been transferred out of FTX prior to recent bankruptcy events,”, the founder said in a statement to TechCrunch

CryptoFish released additional information via Twitter, including details on the funding and how the bankruptcy proceedings may impact the platform.

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