Courtyard Raises $7M in Seed Funding
- Courtyard, a San Francisco, CA-based provider of a physically-backed NFT platform, raised $7M in Seed funding
- The round was led by New Enterprise Associates, with participation from Y Combinator, OpenSea Ventures, VaynerFund, Brink’s, Cherry Ventures
- The company intends to use the funds to help fuel product development, hiring, and expansion within company’s target market
- The company aims to redefine physical asset ownership through Connected Collectibles – a new way of storing and trading physical goods
- The company’s blockchain infrastructure allows physical collectibles to be owned and traded as non-fungible tokens (NFTs) for greater liquidity
