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NFT Music Platform Royal Closes $55M Funding Round Led by A16z

Electronic music performers The Chainsmokers and the rapper Nas also provided funding, which comes less than three months after the Justin “3LAU” Blau venture closed a $16 million round.

Updated May 11, 2023, 5:47 p.m. Published Nov 23, 2021, 2:00 p.m.

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