Share this article
Sotheby’s, Future Perfect Ventures Invest $20M in NFT Tech Firm Mojito
The funding will go toward expanding the Mojito team’s engineering and product side as well as building out tooling and services.
Updated May 11, 2023, 7:01 p.m. Published Oct 21, 2021, 3:00 p.m.
Mojito, a suite for creating non-fungible token (NFT) marketplaces, has received $20 million in funding from Sotheby’s and Future Perfect Ventures, giving the firm a valuation of $100 million.
The funding round was led by Future Perfect Ventures. Other participating investors included Connect Ventures, an investment firm formed by Creative Artists Agency and venture capital firm New Enterprise Associates, Moore Strategic Ventures plus CMT Digital and Sfermion.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Mojito is now out of stealth mode, with Sotheby’s most recently announcing its new platform, called Sotheby’s Metaverse, is powered by Mojito. The system allows visitors to view digital artworks available at auction, as well as learn about the collectors and artists behind NFTs.
Mojito co-founder Amanda Cassatt, the former chief marketing officer at ConsenSys, told CoinDesk the company is spinning out of Serotonin, the marketing firm she manages.
“NFT commerce suite and what that means is that we’ve built, or are building, all of the tools and products that a brand or a right holder needs end to end in order to sell NFTs. So Mojito is the underlying technology to power Sotheby’s Metaverse,” Cassatt said.
The $20 million investment will go toward expanding the Mojito team on the engineering and product side and building the tools and services that allow brands and rights holders to access the technology.
NFTs are digital assets that represent a wide range of items, from collectible sports cards to virtual real estate and even digital sneakers. The metaverse is a digital environment generated by the convergence of virtual worlds, augmented reality and internet services.
Read more: Sotheby’s Takes Its NFT Experiment Into the Metaverse
CORRECTION (OCT. 21, 15:24 UTC): Corrects position held by Amanda Cassatt in fourth paragraph.
Больше для вас
Что нужно знать:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Marshall Islands launches world’s first blockchain-based UBI on Stellar blockchain
Backed by U.S. Treasuries, USDM1 marks a new model for digital public finance and universal basic income in underserved regions.
What to know:
- The Marshall Islands has launched the first on-chain universal basic income disbursement using a digitally native bond on the Stellar blockchain.
- The initiative, part of the ENRA program, replaces physical cash deliveries with digital transfers to citizens across dispersed islands.
- USDM1, a U.S. dollar-denominated bond, is fully backed by U.S. Treasury bills and distributed via a custom digital wallet app.
Top Stories
