OneOf NFT Platform Adds American Express as Backer in $8.4M Round

“A growing number of creators and consumer brands are experimenting with NFTs leading to the rise of a new spend category, new business ideas and new loyalty and membership models,” Amex Ventures' managing director, Margaret Lim, said in the press release. “We believe that the investment in OneOf will help American Express stay close to the developments in NFT-powered commerce and lead to the development of new customer engagement models for our Card Members.”