
NBA NFT platform operator Dapper Labs raises $250 million to push value to $7.6 billion
Sep 23, 2021 10:55 am UTC| Digital Currency Sports Economy
Dapper Labs, which operates the digital basketball trading card platform NBA Top Shot, is now valued at $7.6 billion following a $250 million funding round led by Philippe Laffonts Coatue Management. Andreessen...

NBA's Philadelphia 76ers taps Crypto.com as jersey patch and NFT partner
Sep 22, 2021 18:46 pm UTC| Sports Digital Currency Economy
The NBAs Philadelphia 76ers have tapped Crypto.com as their partner for the jersey patch deal for the 2021-2022 season and on releasing a non-fungible token series. According to 76ers President Chris Heck, by weaving...

Nike retains top spot among most marketable sports brands for 2021
Sep 21, 2021 23:37 pm UTC| Sports Economy Business
US sportswear giant Nike has retained the top spot in SportsPros list of the Worlds 50 Most Marketable (50MM) brands, holding off challenges by rival sportswear brand and second-placer Adidas, Emirates, Santander, and Red...

Michael Jordan raises stake, assumes adviser role in sports gambling firm Sportradar
Sep 21, 2021 23:23 pm UTC| Sports Economy
NBA legend Michael Jordan will increase his investment in Sportradar Group AG, the leading global provider of sports betting and entertainment products and services, and will serve as a special adviser to the companys...

Sports-themed kangaroo NFTs Roo Crew up for sale on Sept. 20
Sep 20, 2021 23:59 pm UTC| Digital Currency Sports
The sports-themed kangaroo NFT collection dubbed Roo Crew is set to go on sale on September 20. There are 5,000 NFTs in the collection. Plans of the developers of Roo Crew include a possible interactive NFT game,...

Honda president justifies F1 racing exit as they prepare to run in decarbonization race
Sep 20, 2021 23:34 pm UTC| Sports Economy
Hondas decision to stop selling vehicles that emit carbon dioxide by 2040 prompted it to pull out of F1 racing at the end of this season and compete in a decarbonization race from now on, according to company president...

Covers of SLAM basketball magazine to appear as NFTs
Sep 17, 2021 23:46 pm UTC| Sports Economy
The Tom Brady co-founded firm Autograph and iconic basketball brand SLAM will distribute an archive of digital-collectible magazine covers on DraftKings Marketplace. The deal between the two companies gives Autograph...