Jupiter Exchange Raises $5M in Seed Funding
- Jupiter Exchange, a NYC-based alternative asset exchange using fractional NFT technology, closed on a $5 million seed funding
- The round was led by White Hilt Capital
- The company intends to use the funds to expand operations and its development efforts
- Jupiter curates iconic objects and makes fractional ownership available to anyone through its digital marketplace and exchange.
- The company establishes a process where the ownership of each carefully curated item
- Once sold out on the marketplace, the item is listed on the exchange and available through a traditional bid-ask model
