Gary Vaynerchuk’s VeeFriends raises $50 million in seed round led by Andreessen Horowitz.

July 29, 2022

Gary Vaynerchuk’s NFT universe is about to get bigger after securing $50 million in a seed round led by Andreessen Horowitz.

Gary Vee first rose to the top echelons of NFT kingpins last year after making $90 million in 90 days.

Author of Twelve and a Half has partnered with leading multinational brands with his signature NFT characters.

Andreessen Horowitz’s a16z has joined VeeFriend’s growing portfolio of partnerships.

VeeFriends said it will use the funds to support its intellectual property ecosystem, which contains 283 VeeFriends characters.

The NFT project aimst to expand its creative, technical and experiential operations.

VeeFriends NFT characters are among the most popular in the NFT ecosystem, amassing over 200,000 ETH in primary and secondary sales since launching in May 2021.