Socialite Paris Hilton Backs $20 Million Strategic Investment in NFT Protocol Origyn – Bitcoin News

Origyn Foundation’s non-fungible token (NFT), project announced that they have received $20 million strategic investments. Paris Hilton, Hilton’s hotel heiress, participated in the round along with Polychain Capital (and Table Management).

Origyn Foundation Secures $20 Million

NFT platforms and marketplaces have received a large number of investments in the past year, as venture capitalists have invested millions. Origyn Foundation, a non-profit NFT project based in Switzerland, announced that it had secured $20 million of strategic investors. Origyn Foundation is now valued at around $300 million after receiving the funding, as per the announcement.

The private funding round was financed by Bill Ackman’s Table Management, Polychain Capital, Coinko, Vectr Ventures, Carter Reum, Div Turakhia, and GD10 Ventures. Paris Hilton, a well-known socialite, entrepreneur and investor, joined the financing round. Origyn says the financing will help the team launch “verticals to market in the art, collectibles, digital media, and luxury sectors.”

Origyn leverages Dfinity’s Internet Computer protocol and the project is led by the founding partners and council members Gian Bochsler, Vincent Perriard and Mike Schwartz, and its CEO Daniel Haudenschild. In addition, capital raising will help support new industry partners as well as research and development. Origyn Art and Origyn Collectibles are some of the industry verticals that will be covered by this project.

“We’re incredibly fortunate and excited to include so many influential names in this funding round,” Daniel Haudenschild the CEO of Origyn Entreprise SA said in a statement. Origyn’s unique contribution to the world is what makes it special. It’s a sign of support for what Origyn is trying to achieve—using technology to solve for identity, authenticity, and proof of ownership. Our partners have seen the opportunity we provide to unlock value for owners and creators,” the Origyn executive added.

Paris Hilton (Origyn’s esteemed backer) has been an avid supporter of cryptocurrencies and other non-fungible token assets (NFT) for a while. Hilton stated that she is excited about bitcoin’s future and said she had been long interested in crypto during the first week. At the end of October, Hilton listed a few of her NFTs to sell on the new Sotheby’s Metaverse Marketplace.

In this story, tags
Bill Ackman. Carter Reum. Coinko. Digital Collectibles. Div Turakhia. GD10 Ventures. nft. NFT industry. NFTs. NFTs. NFTs. NFTs. NFTs. NFTs. NFTs. NFTs. Origyn. Origyn Foundation. Origyn Foundation raise. Paris Hilton. PolyChain Capital. private funding. Table Management. Vectr Ventures.

Origyn secured $20 million in strategic investor funding. What are your thoughts? Please comment below to let us know your thoughts on this topic.

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