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OneOf Has Announced $8.4 Million Raise Led By Amex Ventures

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Sustainability-focused non-fungible token (NFT) platform OneOf just announced a raise of $8.4 million in a strategic funding round. The round included Amex Ventures, the venture capital arm of American Express. Other investors in the round included Mirabaud Lifestyle Impact and Innovation fund, Snow Hill Partners, Sangha Capital, and Chain Link Crypto Fund.

Founded in 2021, OneOf has signed partnerships with the estate of late rap legend Biggie Smalls, hockey great Wayne Gretzky, and the Grammy Awards. The Miami-based company built its platform on the energy-efficient Tezos and Polygon blockchains, which offer low transaction fees. The startup has raised more than $72 million in total funding, including a $63 million seed round in May 2021.

American Express will host a color-theory and therapy-focused event, the American Express Summer in Color Oasis at the Mandarin Oriental hotel in Bodrum, Turkey. Card members who attend will receive a free OneOf NFT designed by Turkish artist Selay Karasu. 

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