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The NFT (non-fungible tokens) craze is in full swing and whether or not you think it’s a speculative bubble, there’s serious money in its leading platforms.
Dapper Labs, the Canadian blockchain company behind NBA Top Shot, just announced $305 million in private funding led by investment management company Coatue Management, which values Dapper Labs at $2.6 billion.
NBA Top Shot is a digital marketplace where basketball fans and collectors can buy and sell brief basketball highlights.
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