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CXIP Labs’ Omnichain NFT Protocol Announces $6.5M Fundraising Round

image of CXIP Labs CEO Jeff Gluck

The tech company CXIP Labs revealed a $6.5M seed round led by Wave Financial and Courtside Ventures. Other notable participants in the seed financing round are Diplo, Pussy Riot’s Nadya, Gary Vee’s Vaynerfund, and Avalaunch.Meanwhile, the company announced its upcoming NFT-focused sub-company titled Holograph. The innovative project will tackle key areas in the Web3 world, including cross-chain NFT bridge tech and omnichain NFT minting.

The CXIP Labs CEO Jeff Gluck will use the seed round funds to further facilitate NFT trading via a new platform, Holograph. Credits: Jeff GluckCXIP Labs raises $6.5M from top NFT investorsCXIP Labs has confirmed the $6.5M Series Seed financing round on April 26th. Surprisingly, the participants’ list features some of the top NFT companies and investors. For example, the participants’ list includes DJ Diplo, Wave Financial, Gmoney, Mirana Ventures, and more.Meanwhile, other celebrities got involved in CXIP as the company’s advisory board members. The most recent ones to join the board are Pharell Williams and Joe Jonas. Together, the team will contribute to CXIP’s goal of pushing web3 boundaries.Accordingly, the tech brand will use the $6.5M funds to grow its most ambitious project to date: Holograph.

The seed funding round features top companies in the Web3 sector, including Wave Financial, Arca, and more. Credits: HolographWhat is Holograph?In short, Holograph is an omnichain NFT protocol developed by CXIP Labs. To illustrate, this company offers new digital tools that facilitate the use of NFTs. Holograph is particularly useful for content creators, developers, and enterprises ready to take their Web3 endeavors to the next level.The bright mind behind CXIP Labs (and now Holograph) is Jeff Gluck, a leading intellectual property lawyer. In fact, Gluck’s experience in the domain inspired him to empower content creators’ ownership over their digital and physical products.“With Holograph, our mission is to empower brands and creators across any marketplace or blockchain by building solutions that make digital asset creation and trading easier and more accessible,” said Gluck in a statement.Are you tired of missing important NFT drops?Just check out our NFT Calendar!Receive the biggest NFT news of the day & recommendations in our Daily newsletter.  All investment/financial opinions expressed by NFTevening.com are not recommendations.This article is educational material.As always, make your own research prior to making any kind of investment.



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