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3LAU Raises $16M to Tokenize Music Royalties for Artists and Fans

Paradigm and Founders Fund each invested $7 million, the crypto-savvy DJ told CoinDesk, with Paradigm’s Fred Ehrsam joining the board.

Updated May 11, 2023, 4:14 p.m. Published Aug 26, 2021, 2:35 p.m.

Justin Blau is launching Royal Markets with some high-profile backers. (Dia Dipasupil/Getty Images for Billboard Magazine)