February 27, 2025
FanTV, an AI-driven content platform built on the Sui blockchain, has secured $3 million in strategic funding. The investment comes from Mysten Labs, Cypher Capital, CoinSwitch Ventures, and Illuminati Capital. This latest round follows an earlier $5.5 million raise backed by Multicoin Capital, Woodstock Fund, Krafton, IOSG Ventures, Pravega Ventures, and Tykhe Block Ventures, bringing the company’s total funding to $8.5 million.
Since its launch, FanTV has facilitated over 30 million transactions and attracted more than 8 million on-chain wallets. The platform, which hosts a community of 80,000 creators, spans multiple content categories and features well-known digital figures, including TrevinVSNFT, Bitcoin educator Kashif Raza, and CryptoIndia. Under the leadership of CEO Prashan Agarwal, formerly of Gaana, FanTV provides AI-powered tools that enable users to produce and distribute digital media, including music, videos, podcasts, web series, and vlogs.
With the additional funding, the company plans to enhance its AI-driven features, onboard a broader global creator base, and expand monetization options. FanTV’s business model integrates blockchain-based Creator Coins and content tokenization, allowing creators to launch personalized tokens and engage with their audiences. By combining artificial intelligence with decentralized technology, FanTV is developing a system designed to support creator ownership and value distribution.
About FanTV
FanTV is an AI-powered content platform operating on the Sui blockchain, offering digital media tools for creators. The platform has processed 30 million transactions and supports a growing community of over 8 million users. Each month, more than 1.2 million hours of AI-generated content are produced through FanTV’s technology.
Website: https://fantv.world/
X: @FanTV_official
About Investor
Mysten Labs
Mysten Labs is a blockchain technology company focused on developing the Sui blockchain. The firm specializes in building scalable blockchain infrastructure for decentralized applications.
Location: Palo Alto, California
Website: https://www.mystenlabs.com/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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