On March 3, sports merchandise giant Fanatics announced that it had completed a $1.5 billion financing at a valuation of $27 billion. Fidelity Management & Research Co (Fidelity Investments), BlackRock Inc. Funds and MSD Capital LP, etc. Participate in the vote.
Fanatics mainly provides services in the fields of commodities, ticketing and NFT trading markets. The company’s executive chairman Michael Rubin also joined hands with Galaxy Digital founders Mike Novogratz and Gary Vaynerchuk to form Candy Digital, a new company focused on sports NFTs, aiming to further expand Ethereum Fang NFT ecosystem, Fanatics is one of the shareholders of Candy Digital.