Fanatics-Owned Candy Digital Raises $100M From Insight Partners, SoftBank

Candy Digital, a non-fungible token (NFT) startup majority-owned by Fanatics, has completed a $100 million Series A financing round co-led by Insight Partners and SoftBank Vision Fund 2 at a $1.5 billion valuation. The startup plans to use the funds to expand its NFT offerings across the global sports landscape and accelerate the growth of its workforce.

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