2 years ago
FanCraze, the developer of a non-fungible token (NFT) marketplace trading authoritative cricket collectibles, is raising astir $100 cardinal successful Series A funding, according to a Bloomberg report Friday, which cited radical with cognition of the matter.
B Capital Group and Insight Partners are starring the round, with information from South Korea’s Mirae Asset, according to the sources. International shot superstar Cristiano Ronaldo is besides said to beryllium 1 of the investors.
This coincided with FanCraze, named "Faze" astatine the time, raising $17.4 cardinal successful a effect backing circular led by Tiger Global.
CEO Anshum Bhambri said astatine the clip that the firm's extremity is to "build the metaverse of cricket."
A akin level for cricket could person akin occurrence owed to the immense fig of fans that the athletics boasts globally, acknowledgment successful portion to it being the undisputed astir fashionable athletics successful India, the world's 2nd astir populous country.
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Jamie Crawley is simply a CoinDesk quality newsman based successful London.
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