The Origyn Foundation announced the non-fungible token (NFT) project on Tuesday, and the team received $20 million in strategic investment from numerous investors. Paris Hilton, the heir to the Hilton Hotel, participated in this round of financing with companies such as Polychain Capital and Table Management.

Origyn Foundation receives 20 million US dollars

The NFT market and network platforms received a lot of investment last year, because venture capitalists and venture financing companies invested millions of dollars in these projects. November 23, a non-profit NFT project headquartered in Switzerland Origin Foundation It is revealed that it has received 20 million U.S. dollars from strategic investors. According to the announcement, the value of the Origyn Foundation after the financing is approximately US$300 million.

This round of private financing was funded by Bill Ackman’s Table Management, Polychain Capital, Coinko, Vectr Ventures, Carter Reum, Div Turakhia and GD10 Ventures. In addition, popular socialite and entrepreneur Paris Hilton also joined this round of financing. Origyn said that the financing will help the team launch “vertical markets for the art, collectibles, digital media, and luxury industries.”

Origyn uses Dfinity’s Internet Computer Protocol The project is led by founding partners and board members Gian Bochsler, Vincent Perriard and Mike Schwartz and CEO Daniel Haudenschild. In addition, this financing will also support new industry partners and research and development. The project operates in vertical industries such as Origyn Art, Origyn Collectibles, Origyn Digital Media and Origyn Luxury.

“We are very lucky and excited to include so many influential names in this round of financing,” said Daniel Haudenschild, CEO of Origyn Entreprise SA, in a statement. What Origyn brings to this world is unique. This is in support of what Origyn is striving to achieve-using technology to solve identity, authenticity and proof of ownership issues. Our partners have seen the opportunities we provide owners and creators to unlock value,” Origyn executives added.

Paris Hilton, a respected proponent of Origyn, has been studying cryptocurrencies and non-fungible token (NFT) assets for some time.In the first week of April, Hilton Said She is excited about the future of Bitcoin and confirmed that she values ??cryptocurrency very much.At the end of October, Hilton Lists some of her NFTs Sold on the new Sotheby’s Metaverse market.

What do you think of Origyn’s acquisition of US$20 million in funding from strategic investors? Please tell us your thoughts on this topic in the comments section below.

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