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Benzinga
Benzinga
Business
Adam Eckert

Reddit Co-Founder Backs Record-Breaking NFT Project

One of the most anticipated NFT projects sold out and hit secondary markets in April, soaring to the top of the volume charts. Now, a social media platform founder is backing the team behind the project.

What Happened: Reddit co-founder Alexis Ohanian announced a $10 million investment in Moonbirds, a collection of 10,000 NFTs on the Ethereum (CRYPTO: ETH) blockchain.

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