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Twitch Co-Founder’s NFT Marketplace Fractal Raises $35 Million

  • Justin Kan’s new startup specializes in video game NFTs
  • Purist gamers have balked at NFT projects in the past
Justin Kan
Justin KanPhotographer: Kimberly White/Getty Images

Gamers have a long history of disliking cryptocurrencies, nonfungible tokens and the fast-money trappings of the web3 industry. Now, they’ve lost a prominent industry figure to the other side. 

Justin Kan -- co-founder of the streaming service Twitch, which exploded in popularity for broadcasting video games -- has a new crypto startup that on Friday said it raised $35 million from investors including Paradigm and Multicoin Capital.