NFT Tooling Protocol Zora Raised $50M in Seed Round Participated by Coinbase Ventures and Others

NFT Tooling protocol Zora announced that it has raised $50m in Seed Round, which values the company at $600m. This round is led by former a16z partner Katie Haun's Haun Ventures, with participation from Coinbase Ventures and Kindred Ventures. Zora aims to provide accessible tools to create NFT collections and independent marketplaces. The protocol has already been used by NFT collections such as DOGE NFT and Mad Realities.