NFT and metaverse content creation company Infinite Reality raised $350M at a $5.1B valuation and acquires Roblox game developer Landvault for $450M in stock
Infinite Reality, the company working on metaverse-like technologies, has raised $350 million and acquired Roblox game developer Landvault for $450 million.
Yuga Labs acquires Kevin Rose's NFT startup Proof, and plans to fold Proof's NFT project Moonbirds into its gamefied, metaverse project Otherside
RT Watson / The Block :
NYC-based Tessera, the collective NFT ownership and governance service that launched as Fractional with $20M from Paradigm and others, plans to shut down
Rosie Perper / CoinDesk :
Internal email: Fanatics is selling its 60% stake in sports NFT company Candy Digital to an investor group led by Mike Novogratz's Galaxy Digital
Ian Thomas / CNBC :
Solana-based NFT projects DeGods and Y00ts plan to leave the SOL ecosystem for Ethereum and Polygon, respectively; DeGods had asked for $5M to stay on SOL
DeGods will bridge over to Ethereum while its sister project Y00ts will move to Polygon with a grant from the layer 2's partnership fund.
eBay acquires NFT marketplace KnownOrigin for an undisclosed sum; DappRadar: KnownOrigin enabled $7.8M in digital collectible trade volume since its 2018 launch
Oliver Knight / CoinDesk :
OpenSea acquires NFT aggregator Gem, which helps users buy and sell across marketplaces, for an undisclosed sum; Gem will continue as a standalone brand
Quick Take — NFT marketplace OpenSea has acquired NFT aggregator Gem. — Gem will continue to operate as a standalone brand.
NFT and metaverse content creation company Infinite Reality will acquire esports company ReKTGlobal in an all-stock deal worth $470M
Michael Bellusci / CoinDesk :
Yuga Labs, the creator of Bored Ape Yacht Club, acquires NFT collections CryptoPunks and Meebits from Larva Labs, along with 400+ CryptoPunks and 1.7K+ Meebits
Jacob Kastrenakes / The Verge : Source: Yuga Labs .
Two Austrian entrepreneurs acquire the assets of LimeWire, the music sharing service shuttered in 2010, and plan to relaunch it as a music-focused NFT service
A pair of serial entrepreneurs in Austria has bought the rights to defunct music platform LimeWire with plans to revamp its image …