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.