Cricket non-fungible token (NFT) platform Rario announced a $120 million Series A round of funding. The investment was led by the venture division of fantasy sports platform Dream Sports.
Last week, Rario signed an NFT partnership with the Australian Cricket Association and Cricket Australia. In addition, it has deals with six cricket associations and a roster of over 900 cricketers.
This is also the largest investment in the cricket NFT sector, which has gained significant attention in the last few months. The other major player in cricket NFTs is Dapper Labs’ backed FanCraze.
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