Coop Records Secures $4.5 Million in Seed Funding on September 23, 2025

According to media reports, Coop Records completed a $4.5 million seed funding round on September 23, 2025. Investors participating in this round include 1kx, Nascent, Coinbase Ventures, 1confirmation, Variant Fund, Mask Network, PTC Crypto, Infinite Capital, Scenius Capital, and Noise. With this financing, Coop Records' total funding has reached $4.5 million.Coop Records is a blockchain-based music label established in August 2023. Since its inception, the company has signed over 150 artists and released more than 600 music works. The platform utilizes ETH for music purchases and distributes proceeds to artists in real time. Through blockchain technology, fans, collectors, and artists share in the overall growth of the label. Holders of COOP tokens can participate in governance by voting on which songs are released as tokens on the platform, and can stake song tokens to earn additional collective ownership rewards.This funding round reflects investor confidence in the blockchain transformation of the music industry and demonstrates the growth potential of decentralized music platforms. Coop Records' innovative model introduces new business opportunities to the music sector and offers more direct and transparent engagement for artists and fans. As the Web3 music industry continues to evolve, Coop Records is positioned to play a significant role in the future digital music market.