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Writer's pictureJean D

Kettle, an NFT Marketplace for Luxury Watches, Raises $4M

Kettle

December 19, 2024


Kettle, a platform bridging real-world assets (RWA) and cryptocurrency, has announced raising $4 million in seed funding. The company aims to expand its offerings with Kettle v2, which introduces improved pricing, enhanced features, and an innovative retail model. While the lead investor remains undisclosed, the funding highlights the growing interest in platforms combining crypto technology with tangible assets.


Over the past year, Kettle has gained traction by enabling crypto users to convert digital assets into luxury watches. Hundreds of users have leveraged the platform to diversify their holdings, making it a standout player in the RWA segment. With its latest iteration, Kettle plans to refine user experiences and broaden access to high-end goods using cryptocurrency payment rails.


The funding will also support the company’s efforts to scale its operations and integrate additional features designed for crypto users seeking to capitalize on luxury markets. Kettle’s strategic focus signals its intention to position itself as a leader in the evolving intersection of crypto and real-world asset markets.


About Kettle


Kettle is a platform specializing in real-world assets for crypto users, enabling the purchase and trade of luxury items such as watches using digital currencies. With a mission to bring crypto rails to a wider audience, the platform combines financial technology with advancements in retail solutions. Kettle’s services are aimed at providing better deals and streamlining access to tangible assets for both individual and institutional crypto holders.


X: @kettle_shop


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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