Pallet Exchange, an emerging NFT marketplace, has successfully raised $2.5 million in a private funding round to enhance its platform on the Sei Network, focusing on user retention. The funding round saw contributions from a range of investors including The Spartan Group, Symbolic VC, Cypher Capital, SGSand1, 2PunksCapital, Metabroshq, GBV Official, GM Capital, GmoneyNFT, Beanie Maxi, IcedKnife, and WizardofSoho. This investment marks a significant milestone for both Pallet and the Sei Network ecosystem, aiming to bring SEI NFTs to a broader audience. Investors expressed their enthusiasm for the project, highlighting the robustness of the Sei NFT ecosystem and the team's deep understanding of it. The raise is seen as a major step in scaling the marketplace amidst the Sei Network's rapid growth.