Nested, a crypto social trading platform based upon financial NFTs, today revealed that it has actually raised $7.5 million in a Series A funding round. The round was led by macro and digital property investor Alan Howard and also saw involvement from Republic Capital, Kenetic Capital, and CMT Digital, to name a few.
The platform allows users to quickly develop portfolios of tokens, track their performance, add, offer and swap tokens, and offer the underlying value of said portfolios at any time.
Furthermore, due to the fact that all Nested portfolios are minted as NFTs – – called ‘NestedNFTs’ – – they are quickly discoverable on the platform and can be utilized as a system to further gamify and reinforce communities by permitting developers to share them or send them as a gift or a benefit.
Noteworthy, Nested enables users to check out profiles, portfolios, and duplicate one’s favorite techniques. For DeFi users, influencers, or community leaders, the platform enables one to showcase portfolios, results, share understanding, and earn royalties whenever a portfolio is replicated.