The founder of the NFT fragmentation protocol Tessera announced the gradual cessation of all operations, having previously received two rounds of investment led by Paradigm

2023-05-12 23:18:58

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ChainCatcher news, Andy Chorlian, the founder of the NFT fragmentation protocol Tessera (formerly Fractional), announced that Tessera, which he founded, will cease all operations with the NFT marketplace "Escher" in the coming weeks.

According to the crypto data platform RootData, Tessera announced the completion of a $7.9 million seed round financing in August 2021, led by Paradigm, with participation from institutions like Robot Ventures; last August, it announced the completion of a $20 million Series A financing, also led by Paradigm, with participation from institutions like Uniswap Ventures. (Source link)

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