The CMT-backed NFT trading technology startup raised the cash in a round led by investment platform Digital at a $333m valuation.

Recur, a US-headquartered digital token technology developer backed by proprietary trading firm Capital Markets Trading (CMT), secured $50m yesterday in a series A round led by investment platform Digital.

Founded earlier this year, Recur is developing an operating system which will facilitate the creation of branded platforms where users can collect and trade non-fungible tokens (NFTs).

The company did not reveal the other participants in the round, which valued it at $333m. The deal followed $5m in seed funding in…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.