Jupiter Exchange: Raises $5M in Seed Funding

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