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East Ventures Leads $1.7m Funding for SG NFT Startup

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AWSt, a Singapore-based blockchain firm, has raised US$1.7 million in a funding round led by East Ventures, with participation from 500 Global and Antler. The startup plans to build more tools connecting various organizations with NFT projects that provide an exchange of value in real life.

Founded in October 2020, AWSt integrates companies and brands into the Web3 landscape by helping them launch NFT collections across different blockchain protocols. Its services are used for NFT-based ticketing for events and it also has NFT vending machines, including those at the National Gallery Singapore.

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