NFT lending platform, Astaria secured $8 Million in Seed Funding Round

Astaria, a New York-based NFT lending platform offering instant liquidity, has now secured an $8 million seed funding round.

Astaria was founded by Justin Bram and Joseph Delong. It allows users to get instant liquidity for their NFTs. Users can log on to the web application to get customized liquidity terms for their NFTs, all without forced liquidations.

Astaria co-founder and CTO and Consensys, Flow, and Sushi veteran Joseph Delong said, "Astaria is the solution to the hardest problem in defi, instant highly liquid NFT lending. Our team is stacked with the premiere web3 talent, and I am able to apply all of the organizational lessons I learned in 2021."

Astaria co-founder and CEO Justin Bram said, "Having the chance to build alongside the Astaria team is the opportunity of a lifetime. I'm extremely grateful for the support of our investors, and I can't wait to showcase our work in the coming months."

The round was backed by True Ventures, Genesis Trading, LedgerPrime, Ethereal Ventures, Wintermute, Arrington Capital, Proof Group, mgnr and several notable DAOs such as The LAO.

The round also featured participation from Sam Kazemian, Anthony Sassano, Dean Eigenmann, and others.