• Halliday, a startup offering BNPL options for NFTs, has raised USD 6 million in a seed funding round led by Andreessen Horowitz (a16z) with participation from investors including Hashed, a_capital, SV Angel, and Immersion Partners. 

• The fresh funds will be used to prepare for the product’s beta launch which is planned for the blockchain game “League of Kingdoms”. A full public launch is expected shortly thereafter. 

<ul><li> Analyst QuickTake : As the next evolution of the Web, Web3 seems poised for mainstream application. With an increased demand for digital ownership of assets, the popularity of NFT marketplaces (refer the segment in our Creator Economy hub ) and Metaverse platforms are on the rise. Halliday is the first company in coverage to explore BNPL in the Web3 space and could have the first-mover advantage among BNPL providers.</ul>