{"id":67537,"date":"2022-09-22T13:21:25","date_gmt":"2022-09-22T10:21:25","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=67537"},"modified":"2025-09-07T07:11:01","modified_gmt":"2025-09-07T04:11:01","slug":"azuki-nft-creators-plan-to-raise-30-million-reports-say","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/azuki-nft-creators-plan-to-raise-30-million-reports-say\/","title":{"rendered":"Azuki NFT creators plan to raise $30 million, reports say"},"content":{"rendered":"<p>Chiru Labs, the studio behind the Azuki NFT collection, is preparing to close a Series A funding round of $30 million at a valuation of $300 million to $400 million, according to informed sources cited by<a href=\\\"https:\/\/www.theblock.co\/post\/171617\/chiru-labs-azuki-creator-30-million-series-a-fundraise\\\"> The Block<\/a>.<\/p>\n<p>Final terms have not yet been agreed, with negotiations nearing completion.<\/p>\n<p>The Azuki collection is issued on the Ethereum blockchain and consists of 10,000 tokens. According to <a href=\\\"https:\/\/opensea.io\/collection\/azuki?search%5bsortBy%5d=UNIT_PRICE&#038;search%5bsortAscending%5d=true\\\"> OpenSea<\/a>, the minimum NFT price stands at 11.4 ETH ($14,670). The aggregate sales volume of the corresponding works on the marketplace reached 262,000 ETH (about $337.2 million).<\/p>\n<div class=\\\"wp-block-image\\\">\n<figure class=\\\"aligncenter size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"149\\\" src=\\\"https:\/\/forklog.com\/wp-content\/uploads\/1-727-1024x149.png\\\" alt=\\\"Journalists learned about Azuki creators' plans to raise $30 million\\\" class=\\\"wp-image-185628\\\" srcset=\\\"https:\/\/forklog.com\/wp-content\/uploads\/1-727-1024x149.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/1-727-300x44.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/1-727-768x112.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/1-727-1536x223.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/1-727.png 1804w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>Data: OpenSea.<\/figcaption><\/figure>\n<\/div>\n<p>Earlier, the NFT project Doodles<a href=\"https:\/\/forklog.com\/en\/news\/nft-project-doodles-raises-54-million-from-reddit-co-founder\"> raised $54 million<\/a> from Reddit co-founder Alexis Ohanian. <\/p>\n<p>Earlier, the firm Seven Seven Six <a href=\"https:\/\/forklog.com\/en\/news\/moonbirds-nft-creators-raise-10m-from-reddit-co-founder-alexis-ohanian\">invested $10 million<\/a> in the Moonbirds NFT startup Proof.<\/p>\n<p>In August 2022, NFT trading volume<a href=\"https:\/\/forklog.com\/en\/news\/august-2022-in-figures-bitcoin-correction-miners-revenues-rise-and-defi-liquidity-outflows\"> continued to decline globally<\/a>. OpenSea\u2019s market share (70%) fell to $500 million or less than 300,000 ETH.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\\\"\/\/telegram.me\/forklog\\\"\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, rates and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chiru Labs, the studio behind the Azuki NFT collection, is preparing to close a Series A funding round of $30 million at a valuation of $300 million to $400 million, according to informed sources cited by The Block.<\/p>\n","protected":false},"author":1,"featured_media":67538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1213,1133],"class_list":["post-67537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-nft","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=67537"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67537\/revisions"}],"predecessor-version":[{"id":67539,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67537\/revisions\/67539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/67538"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=67537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=67537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=67537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}