The New Paper

March 31, 2021

Dapper Labs raises $305M

Blockchain company Dapper labs raised $305M at a $2.6B valuation. The company launched NBA Top Shot in 2019, a marketplace for digital collectibles sold as non-fungible tokens (NFTs). The funding comes amid a recent surge in the popularity of NFTs, including the $69M sale of a digital piece of artwork earlier this month.
This story is from the March 31, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.