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What is Dapper Labs investing in?

Latest investment will be used to supercharge the Top Shot fan experience while continuing to bring transformative sports, entertainment and music blockchain based experiences to consumers VANCOUVER, BC, Sept. 22, 2021 -- Dapper Labs, Inc., the company behind NBA Top Shot and the Flow blockchain, today announced US$250M in new funding.

What happened to Dapper Labs?

Dapper Labs has closed a $250 million funding round, the company behind NBA Top Shot and the Flow blockchain said Wednesday. Coatue led the raise, which also included Andreessen Horowitz, Google’s GV and Version One Ventures. According to a source familiar with the deal, Dapper Labs received a $7.6 billion valuation.

Does Dapper Labs have a soccer marketplace?

Like Dapper Labs’ wildly successful NBA Top Shot project, the LaLiga marketplace will run on the company’s Flow blockchain. Dapper Labs is planning to launch the soccer marketplace in the summer of 2022.

Could a Dapper Labs IPO help burgeoning NFT stocks?

Indeed, speculation around a Dapper Labs IPO is ramping up following the company’s funding raise of more than $300 million at a $2.6 billion valuation. Access to equity markets could give Dapper Labs the juice it needs to expand its offerings. Accordingly, let’s dive into what Dapper Labs is all about, for those interested in burgeoning NFT stocks.

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