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News Synopsis

Artfi is one of the NFT (non-fungible token) startup, plans to use the capital to increase its staff and establish the NFT marketplace that will sell fine art NFTs. Artfi is one of the NFT (non-fungible token) startup announced on Tuesday that it has raised $3.26 million in funding with a value of 100 million during an investment round that was led by investors from the private sector.

The round was attended by the likes in the form of the Sheikh Hend al Qassemia one of the rulers of Sharjah, Raza Beig (Director of Landmark Group, UAE) as well as a number of angel investors. The company hopes to make use of the capital raised to grow its staff and establish an NFT marketplace for fine art NFTs.

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