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NBA Top Shot, CryptoKitties Firm Dapper Labs Raising $250M+ at $2B Valuation: Report
The firm has generated almost $100 million in NFT sales, according to the report.
Door Kevin Reynolds

Dapper Labs, responsible for the high-flying digital collectibles platform NBA Top Shot, is raising funds that should net the firm more than $250 million at a valuation of about $2 billion, according to The Block, which cited sources familiar with the deal.
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- The funding round is being led by Coatue Management, which is led by billionaire investor Philippe Laffont, according to the report. Laffont has previously invested in Airtable, Instacart, Spotify, Bitmain and other well-known companies.
- The blockchain game developer has been on a roll, something the timing of the funding raise clearly reflects, The Block noted. Dapper Labs' NBA Top Shop project is now the most popular nonfungible token (NFT) series by volume after being launched in October 2020.
- The firm has generated almost $100 million in NFT sales, the report said.
- Prior to the rise of NBA Top Shot, Dapper was best known as the creator of CryptoKitties.
Read more: Dapper Labs–USDC Integration Helps NBA Collectibles Game Clear $2M in Revenue Since June
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Higit pang Para sa Iyo
Bitcoin claws back to $70,000 on cooling inflation after $8.7 billion wipeout

Despite the price recovery, the Crypto Fear & Greed Index remains in “extreme fear,” indicating underlying market anxiety.
Ano ang dapat malaman:
- Bitcoin’s price recovered above $70,000 after a drop, driven by cooler-than-expected U.S. inflation data and increased risk appetite.
- Despite the price recovery, the Crypto Fear & Greed Index remains in “extreme fear,” indicating underlying market anxiety.
- $8.7 billion in bitcoin losses were realized in the last week, potentially signaling a capitulation event and a shift of supply to stronger hands.
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