NFT Platform Fractional Raises $20M

Reading time: < 1 minute

NFT platform Fractional platform has changed its name to Tessera and has also completed a $20 million Series A funding round.

The platform allows users to own stakes in NFTs. For example, the PleasrDAO project used its services, which split the meme-cryptocurrency Dogecoin symbol in the form of a non-fungible token for 17 billion DOG.

Since it was launched in 2021, Fractional has made it possible for 70,000 people to collectively own over 6,500 NFTs.