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You are at:Home » Dapper Labs, CryptoKitties and NBA Top Shot maker, raises $305 million
Investment & Funding

Dapper Labs, CryptoKitties and NBA Top Shot maker, raises $305 million

AB News DeskBy AB News DeskMarch 30, 2021No Comments1 Min Read
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Dapper Labs, CryptoKitties and NBA Top Shot maker, raises $305 million
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Dapper Labs is now valued at $2.6 billion

Canada, March 30, 2021 /AlexaBlockchain/ – Dapper Labs, the company behind CryptoKitties and NBA Top Shot, has raised $305 million in latest funding round led by investment firm Coatue.

The funding featured several high-profile investors led by Michael Jordan and Kevin Durant.

Dapper Labs, which constructed the Flow blockchain for Top Shot NFT and the subsequent marketplace, said the money will allow the company to expand, bringing more sports, gaming and entertainment experiences to Flow and the NFT market.

“NBA Top Shot is one of the best demonstrations we’ve seen of how quickly new technology can change the landscape for media and sports fans,” Durant, who is involved through his company Thirty Five Ventures, said in a release. “We’re excited to follow the progress with everything happening on Flow blockchain and use our platform with the Boardroom to connect with fans in a new way.”

Canada CryptoKitties Dapper Labs NBA Top Shot
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AB News Desk is a trained group of web journalists and reporters who collect news from all over the blockchain market landscape. AB News Desk covers developments on Blockchain Industry including Distributed Ledger, Smart Contracts, Digital Assets, Cryptos, FinTech, Bitcoin, DApps, DeFi, and more. To connect, please write to Editor at info@alexablockchain.com.

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