TechFlow news — reNFT, an NFT leasing infrastructure platform, has announced the completion of a $5 million strategic funding round led by Mechanism and gumi Cryptos Capital (gCC), with participation from Gemini, The Sandbox, OpenSea, Sfermion, Morningstar Ventures, EveryRealm, OP Crypto, Fourth Revolution Capital, and Metastreet. The company plans to use the latest funds to integrate additional blockchains, expand its product suite, and explore opportunities in the blockchain gaming market.
reNFT aims to help NFT asset owners more easily participate in larger gaming ecosystems, leveraging undercollateralized mechanisms to reduce the risk of asset loss. Last October, reNFT raised $1.5 million in a strategic round led by Animoca Brands.Original link
