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Chronicles

The story behind the story

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Paris-based Sorare, a soccer-focused NFT trading platform, raises $680M Series B led by SoftBank Vision Fund 2 at a $4.3B valuation

Quick Take  — The fundraise values the Paris-based NFT startup at $4.3 billion.  — It comes off a period of rapid growth for Sorare, which now boasts 600,000 registered users. Source: Sorare .

The Block Ryan Weeks

Discussion

  • @siahouchangnia Sia Houchangnia on x
    So much can happen in a short 30 months! From that first @seedcamp cheque in 2019 to today, with @SorareHQ raising the largest Series B in European history. https://twitter.com/...
  • @sorarehq Sorare on x
    Today marks a historic day for the sports, gaming and #NFT communities. 🚀 We're announcing our $680M Series B to build the next giant in sports entertainment! 🔥 #OwnYourGame⚽ https://twitter.com/...
  • @carnage4life Dare Obasanjo on x
    This is one of those investments that seems obvious in hindsight. If 600K NBA fans are will to spend hundreds of dollars on virtual trading cards on Top Shots & Fantasy Football is a $7.2B industry, why not bring that to soccer an even bigger sport than the NBA or the NFL? https:…
  • @loopifyyy @loopifyyy on x
    Platform SoRare raises $680M putting the NFT startup company at $4.3B. SoRare is probably one of the most intriguing projects I've seen since I've joined the NFT space. In the shadows, lurking. https://www.theblockcrypto.com/ ...
  • @sassal0x Sassal.Eth on x
    Powered by StarkWare. Built on Ethereum. https://twitter.com/...
  • @epolynya Polynya on x
    Is this the largest raise by a crypto-based project since EOS? Already scaling with gas-free transactions with StarkEx, secured by Ethereum. https://twitter.com/...