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Aura Network raises US$2.5m to leverage adoption of NFTs

Aura Network raises US$2.5m to leverage adoption of NFTs

Hanoi, Vietnam – Aura Network, a Vietnamese non-fungible token (NFT) project, has recently raised US$2.5m in funding to leverage the adoption of NFTs and accelerate its vision of building an interoperable future for Internet users.

The funding round involves multiple blockchain partners, including Coin98 Ventures, GBV Capital, Impossible Finance, Kucoin Labs, Kyber Ventures, GUILDFI, Avatar by Avalanche, MEXC Pioneer, TPX Ventures, Redline Dao and OIG. Other notable business partners include Vanda Capital, Deo Network, Ahamove, Ecomobi and Pencil Group.

This seed funding will allow Aura Network to continue its aim of creating a universal framework for NFTs, maximising interoperability, and bringing Aura Network’s vision to the forefront of users globally. Additionally, building a strong community that supports Aura Network’s vision is imperative for its long-term ambitions.

As part of the funding round, Aura Network will release its Testnet at the end of Quarter 2 of 2022. Aura Network’s Mainnet will be launched in the third quarter of 2022. Aura Network is expected to be the leading layer-1 blockchain to assist users to access NFTs effortlessly.

Tran Hoang Giang, founder at Aura Network, said, “Aura Network is delighted that our strategic partners recognize our infrastructure capability. We believe in the potential growth of NFTs and the future of interoperability, as well as the strength of our community and ecosystem.”

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