The cricket NFTs platform Rario has raised $120 million funding led by Dream Capital, the corporate venture and M&A arm of Dream Sports. The company is also backed up with participation from Alpha Wave Global as well!
The startup also counts Animoca Brands, Presight Capital, and Kingsway Capital among its investors.
This is a huge milestone for the company and its first bet in Web3 space.
Harsh Jain, CEO of Dream Sports had announced their intentions to explore the emerging blockchain and NFT market at an industry event in January 2022.
The sports world has been waking up to the opportunity for monetizing their virtual assets. The Jain Leadership Academy held a conference where they discussed how teams, leagues and players can make money off this new found love with video games like Fortnite or Minecraft!
A recent event hosted by them revealed that many were already unaware of just what type property rights belong within digital domains–but now there’s no going back after all…
Read more about Rario :