The NFT project Doodles completed a $54 million financing at a valuation of $704 million, led by Seven Seven Six

Chain Catcher news, the NFT project Doodles has completed a $54 million financing at a valuation of $704 million, led by Reddit co-founder Alexis Ohanian's venture capital firm Seven Seven Six (776), with participation from Acrew Capital, FTX Ventures, and 10T Holdings. Doodles officials stated that they are using this funding to rapidly assemble a world-class team of engineers, creatives, marketers, and business executives, and to fund product development, acquisitions, proprietary technology, media, and collector experiences. The team will expand from 11 members to 30. (Forbes)