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FTX and Avalanche co-led $5M round for Joepegs NFT marketplace


Although FTX collapsed last week, raises their ventures team contributed to are still being announced.
Joepegs, an NFT marketplace on the Avalanche blockchain, raised $5 million in a seed round led by now-defunct FTX Ventures and the Avalanche Foundation, its co-founders who go by the pseudonyms Cryptofish and 0xMurloc, exclusively told TechCrunch.
“The funding from FTX Ventures was completed in June, and have since been transferred out of FTX prior to recent bankruptcy events,” the team said in a statement.
The marketplace launched in May and has grown rapidly to the largest NFT marketplace

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