NBA Top Shot Firm Dapper Labs Raising Funds at $7.5B+ Valuation: Report
Just a few weeks after after raising funds at a reported $2.6 billion valuation, Dapper Labs, responsible for the high-flying digital collectibles platform NBA Top Shot, is raising more money but is now being valued at more than $7.5 billion , according to The Information.
- Citing a person with direct knowledge of the talks, the report said the new round is being led by Coatue Management, which led the previous round. Coatue is led by billionaire investor Philippe Laffont.
- Three-year old Dapper’s value is exploding along with the demand for non-fungible tokens (NFTs).
- Andreessen Horowitz, one of the backers of Coinbase, is a backer of Dapper, the report noted.
Recommended News
-
Ripple Acquires 40% Stake in Asia Cross Border Payments Firm Tranglo
Cryptocurrency company Ripple has acquired a large stake in an Asia-based cross-border payments specialist in order to meet the growing customer demand. Ripple said Tuesday that it has agreed to acquire a 40% stake in Tranglo for the purpose of expanding its RippleNet On-Demand Liquidity service, according to a press release. Tranglo is a cross-border money and prepaid credit transaction hub providing businesses and individuals the ability to transfer payments globally, according to its website. Southeast Asia’s payments landscape is “highly fragmented,” Ripple said in the release. Each country possesses its…
03/29/2021 -
What is the origin of MTM, which is popular with capital
MTM is a blockchain project jointly built by the tally foundation, which is invested by the famous American investment company tally capital. Tally foundation, located in Chicago, USA, was founded in 2008 with abundant capital. It has a wide range of business, covering many fields, such as medicine, education, architecture, entertainment and so on MTM is a team composed of high-end researchers, professional medical professionals, dedicated investors and innovative engineers to create a unique platform. MTM is an important application scenario based on blockchain technology to solve stem cell traceability…
03/20/2021 -
AI screening mechanism? Future? A dream? Maybe it can come together! A meta-universe may be facilitated? NFT Frenzy! Connecting reality! !
Source Origin Coin, a group of coins built by enthusiasts and tech junkies. What the future looks like, we can’t be sure, but now we can start exploring! The virtual world has been positioned in a way that is not recognised by most in the real world, including admittedly the leading virtual coin world, Bitcoin. Source hopes that it can dovetail the virtual world with the real world and change this through its own special mechanism and philosophy. To contribute to the promotion and popularity of the virtual world….
06/29/2021 -
Bitfury’s Deep Ploughing on Blockchain Mining · Coinbasis Plan Launched
Australian Bitcoin mining hardware giant Bitfury is set to expand its industry into distributed storage. FlashFX, AgriDigital and Othera will also jointly deploy the distributed storage ecological field, create the establishment and trading of distributed storage financial derivatives, and create super servers with the world’s top three server manufacturers. With the massive growth of global data. Privacy security and access speed have become the most critical issues in data storage. Bitfury and his partners plan to develop a decentralized distributed storage, data sharding and data encryption platform without downtime. Through…
Business 03/08/2021 -
Behold, the journey of SmallDogCoin dominance is beginning.
The most hype discussion recently in Crypto(maybe even beyond crypto ) is not Btc reaching $60k or $2500 Eth, but Dogecoin which was abandoned by the founder, but went crazy on Reddit with over 1 million active users. Dogecoin as the synonymous to“pathway to financial freedom”went up hundreds times within months and hit record daily rise of 150% shocked everyone that read news. This was the use-to-be crypto market and draws many Bitcoin holder to switch position to Dogecoin. It is hard to imagin crypto without hard cap could…
04/20/2021 -
Resurgence, WODEX exchange platform currency platform token WMT is listed on Binance Smart Chain
At present, the digital financial market represented by NFT meta universe has developed into the main battlefield of more and more investors. Under the unpredictable market background, more users need more professional NFT meta universe platform and more investment value. Mainstream value currency. Based on this, the WODEX exchange token, WMT, has attracted attention from all walks of life once it came out. NFT is generally considered to be the most imaginative asset type in the future in the crypto world, and it is also an important part of…
Business 11/12/2021 -
The Real Problem With Crypto
The problem with crypto is not that it is a scam. Or a bubble. Or used in any significant way today to evade taxes and finance terrorism. The problem with crypto is it presents a viable alternative to monetary monopolies by national governments. A viable alternative to banks and other financial institutions. A viable alternative to intermediated exchange. Pondering Durian is a tech-focused investor and writer who explores connections involving the U.S., China, and Emerging Asia (India and Southeast Asia) in the Emerging newsletter and blog. The real problem – for politicians, nation-states…
03/25/2021 -
A Comprehensive Insurance Platform – Blockchain Insurance Global
Our global economy has grown steadily in recent years, and an increase in income levels has driven the growth of consumer demand. Among them, the demand for health protection has seen a significant increase. However, the traditional insurance model is cumbersome, delivering a poor experience for users. A transformation and upgrade of the industry is imperative. In 2020, an insurance platform that relies on blockchain technology, AI and big data started to receive attention from the mass markets. The aptly-named Blockchain Insurance Global (BIG for short) has created a new insurance platform, and has achieved a growth rate of 53% in 2020, reigning as the growth leader of the industry. By empowering the insurance…
01/28/2021 -
Ban, Minister Says
India’s Minister of State for Finance Anurag Thakur said the government needs to study national security risks posed by virtual currencies before making any decision on their legality. “We understand there is immense interest in these virtual currencies, but we also need to look at national security and security of Indians and individuals,” Thakur said while addressing an event organized by Entrepreneurs’ Organisation Punjab on Saturday. Thakur took a jab at the high price volatility of cryptocurrencies, saying that these coins often chart 10x price moves in weeks. “That doesn’t happen in…
03/07/2021 -
The Harry Potter Open Financial Matrix will be launched on February 3,2021
Harry Potter open mode financial matrix shock attack, new block chain industry wind direction, Harry Potter open financial matrix will be opened on February 3,2021. Harry Potter open financial matrix HPOM enables the present society, invites you to share the digital new miracle, de-centralized block chain technology, farewell to centralized management 100% asset security 100% decentralized management, stable, efficient and fast, not tampered with. Block chain technology leader Harry Potter open financial matrix, the whole network attack.
01/30/2021