Pixel Vault, an NFT development platform, revealed on Wednesday that it has concluded a $100 million fundraising round. According to the company, Velvet Sea Ventures and 01A's funding would allow it to build a "multi-franchise NFT development platform." In the launch, Pixel Vault founder and CEO Sean Gearin stated, "Pixel Vault projects are built with the core pillars of Web3 at the centre - community empowerment, decentralised governance, and real digital ownership."