Napster

It is reported that the streaming media service Napster announced the acquisition of Mint Songs to expand its Web3 business, but the specific amount of acquisition has not been disclosed. Napster said in a press release on Wednesday that it would be the first company in a series of acquisitions planned to accelerate Web3 functionality. Mint Songs developed a technology that allows artists to create songs and build NFT projects for fans. Previously, it raised $4.3 million from investors such as Freestyle Capital and Castle Island Ventures. (The Block) Interpretation…