NFT Framework Provider, GuardianLink.io raises $12 million
- ByTejika Bajaj | November 17, 2021
The NFT ecosystem framework provider GuardianLink.io has raised $12 million in a funding round led by Kalaari Capital and other private investor groups. This investment marks the entry of Kalaari Capital into the NFT space as it is the group’s first NFT investment.
Exclaiming his delight following the funding round, the Co-founder and CEO of GuardianLink, Ramkumar Subramaniam, said, “With NFTs becoming a critical part of asset monetization for creators, athletes, artists and brands – Guardian has been on the forefront of the race to build and operate some of the largest marketplaces and most advanced creative NFTs in the space. Besides, we are elated to have chosen Kalaari Capital as our investment partner. Having a similar philosophy to transform and build massive impact on a large scale with what we do, this funding will be further instrumental in helping us build a stronger NFT ecosystem in India and across the globe.”
The funds infused would be utilized by the firm to expand its Singapore and Japan based design labs, strengthen the technology, amplify the brand’s creative development capabilities and deepen its curative NFT packaging foundation.
Talking extensively about the utilization of funds, the COO of GuardianLink, Kameshwaran Elangovan stated, “With the industry rapidly latching onto the NFT ecosystem, we believe that the expanded research and design center in Singapore and Japan will allow us to provide our creators with more enhanced advanced capabilities to launch their NFTs. It will help us boost our research and development capabilities in NFT gaming and DeFi areas as a technology company and deepen GuardianLink’s foundation.”
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