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Make room for a sports icon! The non-fungible token (NFT) space has just welcomed in none other than Serena Williams. And, the platform she’s now joined is right up the superstar athlete’s alley. According to a press release, Serena Williams has joined as a board advisor for Sorare, an NFT fantasy sports platform. “NFTs have the potential to be a powerful tool for bringing equity and investment to women’s sports,” Williams shared in a statement. “I’m excited to start working alongside Nicolas and the team because they understand the relationship between athletes and fans unlike anyone else in the category, and I believe Sorare will be setting the culture and tone of the future of sports entertainment.”
Basketball superstar Klay Thompson recently scored in the tech world. In a $40 million funding round led by venture capital firm Andreessen Horowitz, the National Basketball Association (NBA) star’s Thompson Family Foundation has invested in fantasy sports startup Sleeper, reportedly quadrupling its value to more than $400 million. According to Bloomberg, the funding will be for “product development and hiring in areas including engineering, design, customer support, finance and marketing.” Joining Andreessen Horowitz and Thompson were existing backers General Catalyst and Birchmere Ventures along with angel investors that included Miami Dolphins player Byron Jones and former NBA player Shane Battier, Bloomberg reports. Sleeper’s initial focus was on the National Football League (NFL) and the NBA, but the pandemic’s impact pushed them to extend into esports as well. In addition, the startup also added college basketball this year. “Originally, the goal was to do arena sports and...