Pallet Exchange raised $2.50M in a Private funding round

Date: March 14, 2024

Pallet Exchange, the fastest growing NFT marketplace by volume growth in Web3, today announced a $2.5M private funding round with participation from Spartan Group, Symbolic Capital, Cypher Capital, Joe McCann (Asymmetric), Spencer Ventures, along with angels from Coinbase, Yield Guild Games, MoonPay, Futureproof, ex-Dragonfly, ex-Pudgy Penguins.

Pallet Exchange is an NFT exchange on web3 built on Sei. Pallet aims to enhance the NFT trading experience by addressing issues related to gas and transaction speeds at the marketplace level, leveraging Sei’s fast speeds at the L1 layer. Pallet has 2 million unique visitors and over $20 million in trading volume.

All funding rounds, links and details you can find on the project page Pallet Exchange