Nuktah, an NFT market in Saudi Arabia, recently announced the completion of a seed round of financing. The specific amount was not disclosed. Animoca Brands led the investment, and the blockchain platform Polygon and some investors participated in the investment. The new funds will be used for Nuktah's product development and marketing within the next 12 months , Talent Acquisition and other functional areas of business. Founded in 2021 by photographer, artist and Web3 and blockchain advocate Salwa Radwi, Nuktah is licensed by the Saudi Ministry of Communications and Information Technology and Investment.