NFT Collection Doodles Raises $54M at $704M Valuation
Doodles have raised $54 million at a value of $704 million. NFTs serves as a representation of real-world or digital asset ownership. Proskauer guided the company through its initial round of funding and corporate formation. Reddit co-founder Alexis Ohanian’s venture capital firm, Seven Seven Six, took the lead in the funding round. Doodles, a collection of non-fungible tokens (NFTs), has raised $54 million at a value of $704 million, according to the company’s Twitter account. The ownership of real or virtual assets is represented by NFTs, which are digital assets. “We are leveraging the capital to swiftly hire a world-class