NBA Top Shot Maker Dapper Labs Commits $80M for Startup Acquisitions
Dapper already bought a “young, scrappy company” but wouldn’t say which.
NBA Top Shot Maker Dapper Labs Commits $80M for Startup Acquisitions
Dapper Labs, the firm behind the Flow blockchain and NFT platform NBA Top Shot, is pursuing a series of acquisitions. Regulatory filings show it has raised $23 million toward a $71 million goal, with some of the funds being used to purchase a "young, scrappy" company. "The Hash" squad discusses the latest crypto mergers and acquisitions (M&A).
South China Morning Post Releases White Paper for NFT Standard Built on Flow Blockchain
The 118-year-old newspaper has launched its own inaugural NFT collection using the new Artifact standard.
International Cricket NFTs to Hit Flow Blockchain Following $17M Seed Round
Tiger Global led a $17.4 million seed round for Faze Technologies, a startup that creates digital collectibles. Faze also announced its partnership with the International Cricket Council (ICC) to launch a cricket NFT marketplace on the Flow blockchain, where NBA Top Shot captured mainstream attention earlier this year.
Dapper Labs Signs Multi-Year Partnership With NBA Star Kevin Durant’s Boardroom
Boardroom, a sports media company created by NBA star Kevin Durant and his investment firm Thirty Five Ventures, has agreed to a two-year partnership with Dapper Labs to help create original NBA Top Shot Moments and video content. This comes as JAMBB raised $3.5 million to build a comedian-focused NFT marketplace on the Flow blockchain. "The Hash" group discusses NFT video moments as the latest emerging trend to watch.
Dapper Labs Said to Reach $7.6B Valuation in $250M Funding Round
The firm behind NBA Top Shot and the Flow blockchain also announced a deal with Spain’s top soccer league, LaLiga.
Dapper Labs Said to Reach $7.6B Valuation in $250M Funding Round
The company behind NBA Top Shot and the Flow blockchain, Dapper Labs, has closed a $250 million funding round to an estimated $7.6 billion valuation. Coatue led the raise, including Andreessen Horowitz, Google’s GV (formerly Google Ventures), and Version One Ventures.
Market Wrap: Bitcoin Hits Two-Month High After Late-Day Surge
Bitcoin hits its highest level since mid May and has risen more than 15% over the past week.
Flow Token From Dapper Labs Soars After Binance Listing
The token began the day at $18.26 and climbed to $27.56 after the announcement from Binance, according to data from Messari.
Rarible Raises Over $14M in Series A Funding Round
Open marketplace Rarible has raised over $14 million in a Series A funding round led by Venrock and CoinFund. Funding will go towards building a community-owned blockchain-based non-fungible token (NFT) marketplace on the Flow blockchain. Rarible Co-founder and CEO Alexei Falin discusses the upcoming launch, also commenting on the state of the NFT markets.