Singapore’s Enjin raises $18.9m to launch NFT blockchain

Blockchain visual. Credit: Wikimedia Commons

Enjin, a Singapore-based blockchain software products ecosystem builder, announced raising $18.9 million in a funding round led by Crypto.com, DFG Group, and Hashed.

The fresh funding will be used to finance Enjin’s efforts to build Efinity, the first decentralised non-fungible token (NFT)-focused blockchain for creators, apps, games, and enterprises. Efinity will be built on the Polkadot blockchain network.

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