Web3 Platform thirdweb Receives a Valuation of $160 Million

Thirdweb, which develops non-fungible token (NFT) and Web3 applications, received $ 24 million in funding.

According to the statement made by Thirdweb, this funding received with a Series A investment, $160 million valuation earned.

Names that have invested in Thirdweb include Haun Ventures, Coinbase Ventures, Shopify, Protocol Labs, Polygon, Shrug VC, Joseph Lacob and more.

Thirdweb provides content creators, artists and other developers with the tools and services they need to develop their own Web3 projects.

In the past nine months, More than 55 thousand developers used thirdweb to launch its own NFT and develop the Web3 application. Among the names that use the services offered by Thirdweb are Fnatic, Boohoo and New York Fashion Week.

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