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Blockchain News

Bitmark Announces $5.6M Funding & Interoperable NFT Wallet

Galaxy Interactive and North Island Ventures lead Bitmark’s $5.6 million funding, set to fuel its Autonomy NFT wallet.

Written By:
Richa Bhagat

Last updated: February 12, 2024 6:09 AM
Published July 7, 2022 9:30 AM
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Last updated: February 12, 2024 6:09 AM
Published July 7, 2022 9:30 AM
Bitmark announces $5.6M Funding & Interoperable NFT Wallet

A prime player of the ‘Internet of Value,’ Bitmark Inc, announces a $5.6 million funding, plus an interoperable Autonomy NFT wallet.

Bitmark is aiming to scale the Autonomy NFT wallet, via the latest funding round, courtesy of Galaxy Interactive and North Island Ventures.

Bitmark’s Autonomy NFT wallet app is available on Android and iOS devices. It’s compatible with Tezos and Ethereum blockchains. Bitmark is in the process of enhancing the app’s integrations.

Travis Scher, Managing Partner, North Island Venture, says, “Bitmark’s vision is to make the art world more inclusive for creators, collectors, and enthusiasts, by reducing the learning curve without reducing individual autonomy.”

The Autonomy Digital Art Wallet is the world’s first and only digital art wallet. It enables via the app a secure platform to collect, view, and discover digital art. It also onboards artists to Bitmark’s Feral File digital art gallery platform.

“I think in the next year or two, we’re going to see a ton of innovation in space,” says Moss-Pultz, CEO, Bitmark.

Also read: Infinite Dodos NFT Collection Arrives with an ‘Unhackable Wallet’

Bitmark’s commitment to bridge traditional art collectors with a robust NFT ecosystem and digital art is apparent, yet again. The World Economic Forum (WEF) Technology pioneer, Bitmark, wants to enhance Feral File’s art gallery programming.

The Feral File is a hybrid fusion of an online art gallery, marketplace, and NFT editions’ publisher.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Richa Bhagat - Content Editor at The Crypto Times
By Richa Bhagat
She is a full-time journalist who fits in as an Editor at The Crypto Times. She is only now beginning to spread her wings into the Crypto World. To feed her soul, you can find her smashing a DUNK or frolicking in the water. She usually caresses her fingers on Colors and Canvas when she isn't breaking them on the Keyboard. She is profoundly influenced by nature and the ethno-linguistically diverse Indian Subcontinent.

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