“It’s essential to strengthen BitGo’s Wallet offering with metadata and insights for NFTs. Rarify’s Data API leverages data from multiple marketplaces and DEXs, aggregating all metadata for various tokens across different standards and converting that data into actionable insights for NFT holders and helping them make more informed decisions on their assets. Through Rarify’s Data API, developers and investors are able to access the most accurate data on any given NFT’s pricing history, ownership history, trade performance, volume, and authenticity across all marketplaces on the Ethereum and Polygon protocols.
Use code NYC250 to get $250 off tickets (Only available this week) .Rarify, an API-based NFT infrastructure provider that enables companies to easily introduce NFT natively in their platforms, today announced a partnership with BitGo, the leader in digital asset custody, liquidity and security solutions to provide BitGo’s 700 institutional clients with access to valuable NFT analytics by leveraging Rarify’s Data API solutions. “With NFT Embeds, content creators can simplify the entire discovery and checkout process for the end users,”the startup said.Īttend DAS, the industry’s favorite institutional crypto conference. Rarify also offers real-time API access to historical data on NFT assets across “multiple blockchains” that can be leveraged by Web2 and Web3 companies building decentralized finance (DeFi), marketplace products. “We’re excited to partner with the Rarify team to accelerate their growth trajectory and make NFTs accessible to companies and, by extension, consumers at large.” “Rarify removes the biggest hurdles companies face when introducing NFTs to their existing products,” said Pantera partner Paul Veradittakit. Problems for new business entrants in the sector arise when they first attempt to build NFTs that require particular technical resources and skills, the startup said.īlockchains lacking interoperability while having platform-specific economies as well as companies lacking familiarity with compliance standards were some of the largest hurdles for new entrants. Rarify also said its mission was to reduce barriers to entry for NFT technology and to enable businesses to “participate” in a sector experiencing significant growth. Rarify offers commerce API infrastructure for marketplaces and applications to build “end-to-end experiences” with NFTs (non-fungible tokens), the startup said in its release.
Rarify data series#
Rarify’s Series A is the latest round following in $2 million seed funding that saw participation from the likes of Pareto, Eniac Ventures, Greycroft, Scott Belsky and Protocol Labs, among others. The raise, which saw participation from Slow Ventures, Eniac Ventures, Greycroft and Hyper, has boosted the company’s valuation to $100 million. The fresh injection of capital will be put toward the startup’s hiring efforts as well as product launches with enterprise partners, according to a press release on Thursday. NFT infrastructure startup Rarify has secured $10 million via a Series A led by Pantera Capital.
Rarify wants to reduce technical complexities for new entrants to the NFT space.
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