Blockchain-based beauty firm KIKI World gets $7m investment 

KIKI, a community commerce company launched in early 2023, has completed its initial funding round with investors including a16z crypto and The Estée Lauder Companies' New Incubation Ventures (NIV), as it opens its platform to a variety of creators and brands.

Other investors in KIKI include: consumer-tech funds Double Down, 2Punks Capital and Advancit, digital communities RedDao and OrangeDao, and the digital creator GMoney. The investment from...