#Michael Rubin’s Fanatics valued at B after new round of financing

#Michael Rubin’s Fanatics valued at $31B after new round of financing

“Michael Rubin’s Fanatics valued at $31B after new round of financing” Sports platform Fanatics has raised $700 million in a new financing round led by private equity firm Clearlake Capital, valuing Fanatics at $31 billion, sources familiar with the matter said on Tuesday. LionTree and existing investors Fidelity, Sliver Lake and Softbank also participated in the round, the sources…

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# Animoca Brands secures majority stake in music metaverse gaming platform

# Animoca Brands secures majority stake in music metaverse gaming platform

” Animoca Brands secures majority stake in music metaverse gaming platform “ Digital entertainment, blockchain, and gamification company Animoca Brands has secured a majority stake in the Los Angeles-based music metaverse gaming platform Pixelynx. Animoca Brands expects its acquisition will expand on the integration between gaming and Web3 technologies and communities, the company announced on…

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# Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances

# Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances

” Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances “ Blockchain-based institutional capital marketplace Maple Finance announced on Dec 5 that it plans to cut all ties with Orthogonal Trading due to alleged misrepresentation of finances following the collapse of FTX.  According to Maple Finance, it decided to cut all ties with…

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