NFT Exchange Tegro Closes Seed Round with Polygon Ventures Involved at $100 Million Valuation

NFT exchange Tegro closed a seed funding round at a $100 million valuation with undisclosed amounts from Polygon Ventures and other private investors.

Founded by Siddharth Menon, former co-founder of crypto exchange WazirX, and Ashish Rawat, founder of fitness startup OGA Fit, Tegro enables bulk trading of NFTs across Ethereum, Polygon, and other EVM-compatible chains. Users can buy, sell, and trade NFTs on the platform for as low as $0.02.

Tegro is reportedly expected to announce a massive airdrop campaign for the community in the next few months.