According to the official press release published on October 13, the investment will serve as the foundation for the relaunch of the NFT trading platform. The company also pledged to introduce a secure and transparent asset withdrawal system. This move is seen as a step toward rebuilding user trust after a prolonged period of platform updates.
The deal marks a new stage in the project’s development. TreasureNFT positions itself as a trading platform for non-fungible tokens that uses algorithmic pricing to facilitate market efficiency.
Following several months of technical upgrades, TreasureNFT plans to resume operations in a new format. The company says the relaunch will improve NFT liquidity and make prices more resilient to market volatility.
BlackRock confirmed its participation in the round of strategic investments. Representatives of the firm said the decision reflects growing institutional interest in innovative models for trading digital assets.
Key Development Priorities
With the investment from BlackRock, TreasureNFT plans to:
- update its pricing algorithm to enhance liquidity and reduce price fluctuations;
- expand global partnerships and attract international capital;
- implement a DAO model to enable community participation in platform governance;
- develop an ecosystem at the intersection of NFTs and the metaverse.
The company believes these initiatives will strengthen TreasureNFT’s market position and accelerate the integration of NFTs into the broader digital economy.
A TreasureNFT spokesperson stated that BlackRock’s investment demonstrates confidence in the project’s business model and future development.
TreasureNFT describes itself as the first NFT platform to use algorithmic pricing for trading, aiming to address issues of low liquidity and high volatility in the NFT market.
Read also:
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