NBA Top Shot
News

Dapper Labs’ fundraising gets fired up on success of NBA blockchain collectible

Vancouver-based Dapper Labs is raising a planned US$50-million funding round on the heels of a massive hit in the launch of NBA Top Shot, a blockchain-based marketplace for collectible basketball video highlights.

The company has plans for an even bigger funding round of US$250 million, according to a report from cryptocurrency news site The Block. The news outlet cited sources familiar with the deal, who said the round was underway and being led by billionaire investor Philippe Laffont’s Coatue Management.

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