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NFT Fantasy Football Platform Sorare Raised $680 Million in Series B Round

- (Last modified: Dec 19, 2023 5:49 PM)

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Tuesday it was announced that Sorare, an NFT fantasy football platform raised $680 million in Series B round, which represents one of Europe’s largest Series B funding rounds, giving the company the valuation of approximately $4.3 billion now. The round was led by Softbank.

Following the phenomenal growth of NFTs in 2021, Sorare seeks to tie the billion-dollar NFT industry to the multi-billion-dollar fantasy sports market, which is around $8.4 billion in the U.S alone.

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