Mint Blockchain, a Los Angeles-based provider of an Ethereum L2 network tailored for the NFT industry, has secured $5 million in Seed funding.
The funding round saw participation from prominent investors including Jsquare, SNZ Capital, Antalpha Ventures, Mask Network, BlockAI Ventures, Predator Capital, GoPlus, Whitelist Ventures, PANONY Group, and several individual investors.
With this capital, Mint Blockchain aims to enhance its global market presence and advance its NFT infrastructure development.
Built on the OP Stack, an open-source development stack from the Optimism Collective, Mint Blockchain is a genuine Ethereum L2 network compatible with EVM. This enables developers within the Ethereum ecosystem to seamlessly expand their projects to Mint Blockchain. Designed with NFT assets and their holders in mind, it offers Web3 developers comprehensive infrastructure services, including NFT asset issuance, trading, indexing, storage, and more.
Following the successful seed round, the Mint mainnet launched in May 2024. It boasts over 400,000 active users worldwide and supports more than 80 applications. Mint Blockchain is a collaborative initiative by NFTScan Labs and the MintCore developer team.