NFT company Origyn boasts Paris Hilton and Bill Ackman as backers

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Paris Hilton and billionaire hedge-fund investor Bill Ackman are backing a year-old firm that focuses on NFT technology.

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Swiss-based Origin calls itself “a non-profit dedicated to identifying, certifying and unlocking the powers of ownership for goods of value.” It states that it uses a “unique NFT approach,” referring to so-called non-fungible tokens or unique digital assets.

On Tuesday, Origin said it has raised $20 million from investors including Bill Ackman’s Table Management and Hilton Hotels heiress Paris Hilton, valuing Origin at $300 million.

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Origin’s NFT technology “digitally authenticates the authenticity of items of value using their own biometry,” according to one company press release, The company said the technology could be used to trade art, collectibles, digital media and luxury goods.

Daniel Hodenschild, CEO of ORIGYN Entreprise, said, “What ORIGYN is trying to achieve is – using technology to address solutions for identity, authenticity and proof of ownership.”

The Swiss-based company announced that it has raised $20 million from investors.
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The company said the $20 million raised will be used to fund ongoing R&D and the inclusion of the foundation’s growing list of industry partners in the ecosystem.

Origin also plans to launch a publicly traded token, OGY, in the first half of 2022.

Aakman’s spokesman declined to comment. Hilton representatives did not immediately respond to a request for comment.

Paris Hilton Original
Hilton, who recently married, engaged with an investor in the NFT company Origin.
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Origin was launched in October 2020 – months before NFTs became the investment craze. After artist “Beeple”‘s NFTs grossed $69 million in March, including the first tweet by Twitter co-founder Jack Dorsey, a group of NFTs have sold for eye-popping prices, raising $3 million later that month. Went to.

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