Silver Lake Leads $150M Round in NFT Platform Genies: Report

2 years ago

Camomile Shumba is simply a CoinDesk quality newsman based successful the UK. She antecedently worked arsenic an intern for Business Insider and Bloomberg News. She does not presently clasp worth successful immoderate integer currencies oregon projects.

Genies, a non-fungible token (NFT) platform, raised $150 cardinal successful its caller backing circular led by backstage equity institution Silver Lake to further its Web 3 ambitions, according to a report by DealBrook.

  • The U.S.-based company's latest backing circular values it astatine $1 billion, according to the study published connected Tuesday. This concern volition assistance enactment it arsenic it provides tools to make and merchantability characters online.

  • "Sometimes it’s a tiny institution similar this, and different times it’s huge, ample companies that request to beryllium transformed,” Egon Durban, the co-chief enforcement of Silver Lake told DealBrook.

  • In May past year, Genies raised a $65 million circular led by Mary Meeker’s Bond Capital with information from Dapper Labs, Polychain, Coinbase Ventures, Hashkey and others.

  • Genies and Silver Lake were not instantly disposable for remark erstwhile contacted by CoinDesk.

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Camomile Shumba is simply a CoinDesk quality newsman based successful the UK. She antecedently worked arsenic an intern for Business Insider and Bloomberg News. She does not presently clasp worth successful immoderate integer currencies oregon projects.

Camomile Shumba is simply a CoinDesk quality newsman based successful the UK. She antecedently worked arsenic an intern for Business Insider and Bloomberg News. She does not presently clasp worth successful immoderate integer currencies oregon projects.


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