Connect with us

Hi, what are you looking for?

Bytes

Dapper Labs hits a $7.6 billion valuation with $250 million new capital

Blockchain company secures new investment headed up by Coatue

Well known for titles like CryptoKitties, Cheeze Wizards and NBA Top Shot – Dapper Labs has just secured a further $250 million investment.

The latest investment round was headed up by Coatue and included major names like Andreessen Horowitz, Google’s GV, and Version One Ventures.

As a more remarkable landmark, this new capital pushes Dapper Labs’ overall valuation to $7.6 billion – historic for a blockchain gaming company.

Given some of the latest developments from the world of NFTs, it’s no surprise to see so much flowing into Dapper Labs.

With LaLiga, which will launch on Flow in 2022, fans will be able to buy and own a growing range of special moments from teams ranging from Real Madrid, FC Barcelona, Villareal CF and more.

The team has come a long way since CryptoKitties back in 2017. Back then, the concept of blockchain games was still very much in their infancy alongside blockchain projects, in general.

Since then, Dapper has emerged as one of the major players in the blockchain gaming world. NBA Top Shot is a good example, having secured more than $780 million of trading volume.

This article was first published on BlockchainGamer.biz.

Written By

Former editor of - and now contributing writer to - our partner site BlockchainGamer.biz, James is a freelance tech, finance and gaming journalist and expert on the NFT and blockchain space.

You May Also Like

Level Up

Eager to be at the metaverse frontier, but not sure how to get started? As exciting as the idea of a shared digital space...

Bytes

New blockchain gaming platform based on Unreal Engine 5.

Bytes

The record for the most expensive land sale in the metaverse has just been raised

State of Play

What do we mean by the metaverse? Our vision of shared, real-time, persistent, virtual worlds has been shaped by popular culture, from Neal Stephenson’s...

Advertisement
Advertisement

Subscribe to the future

Advertisement