Bitski, a non-fungible token (NFT) platform, has raised $19 million in Series A funding from investors, including Jay-Z and Andreessen Horowitz (a16z) and returning investors Kindred Ventures and Galaxy Digital.
- Describing itself as the “Shopify for NFTs,” Bitski aims to provide an easy platform for brands, game developers and consumers to create, buy and sell digital goods.
- Ari Emanuel, the CEO of media agency Endeavor, is also listed among investors who participated in the round, according to an announcement Thursday.
- Bitski was backed by Galaxy Digital, Winklevoss Capital and Coinbase Ventures in a $1.81 million seed funding round in November 2019.
- At the time, Bitski’s focus was developing a crypto wallet that could be easily embedded into other applications, such as video games.
Correction (May 7, 17:02 UTC): Serena Williams, the tennis star and investor previously mentioned in this piece, has been removed at Bitski's request. The startup said Friday her investment documents have not been finalized.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.