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NFT music marketplace Royal raises $55M in Series A round
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On-chain music platform Royal has announced a Series A funding round led by venture capital giant Andreessen Horowitz.
Royal allows fans to buy music rights via nonfungible tokens (NFTs). Its co-founders, entrepreneur JD Ross and DJ Justin Blau who goes by the stage name 3LAU, announced on Nov. 23 they had closed a $55 million Series A funding, following a $16 million seed round in August.
Prominent venture capital firm Andreessen Horowitz, or a16z, led the round. Kathryn Huan, General Partner at
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