NIFTY Souq closes $1.5 million Seed round

NIFTY Souq closes $1.5 million Seed round

Press release:

NIFTY Souq, the MENA region’s first NFT marketplace which launched in 2021, has announced they’ve secured $1.5 million in seed investment as they look to expand the Arab world’s first NFT platform.

The UAE-based company secured the funding in their first round of seed investment. Confirmed investors include Palm Ventures, Falak Investment Hub and Fitzy Fund alongside angel investors from the UAE, KSA and the United States of America.