Sound.xyz, a platform where artists set the prices for their music NFT releases, has raised a $20 million round led by existing investor Andreessen Horowitz’s A16z Crypto fund, with participation from venture firms Palm Tree Crew, A Capital, Sound Ventures, Collab + Currency and Scalar Capital. Three artists also participated in the round: rapper Snoop Dogg, OneRepublic frontman Ryan Tedder and hip-hop producer Tay Keith.
Source: Music NFT Platform Sound.xyz Raises $20M from Andreessen Horowitz, Snoop Dogg & Others