Fanatics – DIGIT INFO

Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market

DIGIT — Thu, 05 Jan 2023 23:30:19 +0000

Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company Candy Digital, according to reports. The company is selling its Candy Digital stake to an investor group associated with billionaire Mike Novogratz and his firm, Galaxy Digital. Report Says Sports Retail Giant Fanatics to Sell […]

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Fanatic sells 60% stake in Candy Digital amid ‘imploding NFT market’

DIGIT — Thu, 05 Jan 2023 04:11:49 +0000

The sports merchandise giant has got cold feet in the shrinking NFT market.

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Drones, Fertility, and Defi — A Look at Alameda Research’s Massive $5.4 Billion Portfolio of Investments

DIGIT — Thu, 08 Dec 2022 15:30:09 +0000

Over the last few weeks, there’s been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6, the Financial Times (FT) published documentation that shows Alameda’s investment portfolio, which alleges the company spent more than $5 billion on hundreds of investments. Some of the funds went to odd investments […]

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Topps Sells out Crypto-Themed Garbage Pail Kids ‘Non-Flushable Token’ Cards

DIGIT — Fri, 18 Nov 2022 15:30:00 +0000

Amid the craziness tied to the FTX collapse, the latest Garbage Pail Kids (GPK) non-fungible token (NFT) collection takes aim at the crypto industry, roasting subjects like the LUNA collapse, Bored Ape Yacht Club, and Cryptopunks. Following the release, GPK’s parent company Topps explains on the firm’s NFT marketplace website that the packs of “Non-Flushable […]

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Funko Plans to Launch Jay and Silent Bob NFT Collection via the Digital Collectibles Platform Droppp

DIGIT — Sat, 16 Jul 2022 00:51:22 +0000

Three months ago, Funko Inc., disclosed that it was entering the non-fungible token (NFT) industry when it announced it acquired a majority ownership stake in the NFT startup Tokenwave. At the time, Funko’s CEO Brian Mariotti explained that “Funko Pop digital NFTs” have the potential to be a “game-changer.” On Friday, Funko announced the company […]

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WWE Inks Long-Term Deal With Fanatics to Push Official Merchandise, Trading Cards, and NFTs

DIGIT — Tue, 29 Mar 2022 19:30:11 +0000

The media and entertainment company World Wrestling Entertainment, Inc., otherwise known as WWE, has inked a long-term partnership with the global digital sports platform Fanatics. According to the deal, Fanatics will work with WWE across various ventures such as officially licensed merchandise, trading cards, and non-fungible tokens (NFTs). WWE Partners With Fanatics, Wrestling Entertainment Firm […]

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American Collectibles Giant Topps Launches Series 2 MLB NFT Collection

DIGIT — Wed, 06 Oct 2021 04:00:09 +0000

The American company that produces Bazooka chewing gum, candy, and collectibles, Topps Company, Inc., announced the launch of the second series 2021 Topps Baseball NFT collection. The latest non-fungible token products from Topps follow the company’s MLB Inception NFT collection release. The collectibles company Topps says that it’s the firm’s largest MLB NFT launch ever. […]

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Topps Unveils New MLB Inception NFTs — Firm’s NFT Series Now Minted on the Avalanche Blockchain

DIGIT — Tue, 31 Aug 2021 15:00:26 +0000

The American firm that manufactures chewing gum, candy, and collectibles, The Topps Company Inc., has announced the launch of the 2021 Topps MLB Inception NFT collection. Furthermore, Topps is now leveraging the Avalanche blockchain for NFTs after the company was using the Wax blockchain for projects like the Garbage Pail Kids and Godzilla series. Topps […]

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Sports collectible NFTs will have ‘tremendous value created,’ says Fanatics chair

DIGIT — Wed, 03 Mar 2021 18:30:00 +0000

The NFT market, which includes artwork, sports memorabilia, and trading cards, grew to more than $250 million last year.

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