Cricket NFT Marketplace to Raise $100M in Series A Funding Round: Report

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Cricket NFT Marketplace to Raise $100M in Series A Funding Round: Report
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.0xFanCraze, which last year secured a partnership with the ICC to develop a cricket NFT marketplace, is raising about $100 million in Series A funding, according to Bloomberg. By JamieCrawleyCD

B Capital Group and Insight Partners are leading the round, with participation from South Korea’s Mirae Asset, according to the sources. International soccer superstar Cristiano Ronaldo is also said to be one of the investors.a partnership with international cricket governing body the International Cricket Council That coincided with FanCraze, named"Faze" at the time, raising $17.4 million in a seed funding round that was led by Tiger Global Management.

The platform is built on Flow, the same blockchain that hosts NBA Top Shot, the digital collectibles platform thatA similar platform for cricket could have similar success because of the huge number of fans that the sport boasts globally, thanks in part to it being the undisputed most popular sport in India, the world's second most populous country.

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