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COMPANY PROFILE

Palm NFT

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An NFT ecosystem for culture and creativity, built efficiently with Ethereum

New York City, United StatesFounded 2021Fintech
Valuation $100–250M Last recorded · 2021
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Palm NFT and the history behind them.

About Palm NFT

Palm NFT Studio is a collective of entertainment, technology, cryptoart and art industry leaders that provides an NFT ecosystem for culture and creativity.

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The Palm network is an NFT-optimized blockchain network for culture and creativity, built by and for the open Ethereum ecosystem. The Palm network offers low gas costs, fast transaction speeds, and is connected to the Ethereum mainnet, allowing for the transfer of assets between the two networks.

The company works with artists, creators, and rights owners to help them establish NFT marketplaces and launch NFT projects. Palm NFT Studio has been involved in projects in the sports, arts, and entertainment sectors.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2021
Headquarters
New York City, United States
Employees
28
Open positions
None listed
Dealroom signal
58.7/100
Industry
Fintech, Media
Sub-industry
Crypto and DeFi, Content production
Sector
Fintech, NFT, Ethereum Ecosystem, Crypto and Web3, Hard Tech
Technology
Blockchain
Business model
Marketplace & ecommerce, SaaS
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jun 2023 $0 — Candy Digital ↗
SERIES B✓Equity / VC Dec 2021 $27M $108M Griffin Gaming Partners · RRE Ventures · Third Kind Venture Capital · M12 ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Palm NFT website traffic

Latest recorded traffic for Palm NFT is 1.5K monthly website visits, down 55.9% over the last three months. Palm NFT's team grew 0% over the past year.

Latest monthly visits1.5K 3-month web change-55.9% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
namelessDeveloper of leading API software for the issuance, testing, and sale of non-fungible tokens (NFTs) United States Operational — $15M $75M
RariblePlatform to create and sell digital collectibles secured with blockchain Los Angeles, United States Operational
ArcadeArcade is a decentralized lending platform leading the financialization of NFTs San Francisco, United States Operational
Candy DigitalPlatform for fans and collectors to buy, sell and trade its NFT products, which have so far been released in partnership with MLB and a roster of college athletes Braintree, United States Acquired
BitsCrunchA Blockchain analytics firm, focusing mainly on building products using artificial intelligence for the NFT space Munich, Germany Operational
Charged particlesNFT Agnostic. Token Agnostic. The Charged Particles Protocol allows users to deposit any ERC tokens into any Non-Fungible Token (NFT) Aurora, Canada Operational
Asynchronous ArtPlatform built on the Ethereum blockchain which allows users to create, collect, and trade programmable art comprising a Master work and Layers that are independently owned and controlled San Francisco, United States Operational
NiftysFirst social NFT platform dedicated to bringing digital collectibles to mainstream audiences Miami, United States Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A8 investors entered at this stage

  • M12
  • Griffin Gaming Partners
  • RRE Ventures
  • Third Kind Venture Capital
  • SK Telecom Ventures
  • The LAO
  • Sfermion
  • Warner Bros Discovery

Other known investors1 additional known investor

  • Candy Digital
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · New York City HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Palm NFT on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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