Odaily Planet Daily News TRLab announced the completion of a US$5 million seed round of financing, led by Hivemind Capital Partners and OKX Ventures, and participated by HashKey Capital. This round of financing will be used to expand TRLab's influence in the international market, and continue to incubate new projects with global artists, foundations and institutions.
It is reported that TRLab was jointly founded and led by Li Xin, non-executive vice chairman of Christie's auction house, and Ou Jinqiao, CEO of TRLab. It was incubated by Dragonfly Capital and received support from many art collectors and technology entrepreneurs, including Pace Gallery. (Pace Gallery), Animoca Brands, BAI Capital, as well as the founders of online art trading platform Artsy and art institution Shanghai Rockbund Art Museum (RAM).