Funding Wrap: Investors bet on NFT turnaround

Investors put funding into a range of NFT upstarts this week as the digital collectible market sees signs of life and entrenched NFT groups stumble. 

The Web3 arm of Japanese messaging app LINE raised $140 million — and its most immediate next venture is integrating a mobile-enabled NFT platform called DOSI with LINE’s existing NFT marketplace, LINE NFT. Peter Thiel-sponsored private equity firm Crescendo led the funding round in LINE NEXT.

Elsewhere across the NFT marketplace, Metagood secured $5 million in seed funding led by Sora Ventures. Metagood’s Osura marketplace is one of several vying for market share in Bitcoin ordinals trading. Osura brands itself as a marketplace for…

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