{"id":39992,"date":"2021-04-01T20:11:23","date_gmt":"2021-04-01T17:11:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=39992"},"modified":"2025-08-30T12:06:28","modified_gmt":"2025-08-30T09:06:28","slug":"funko-to-launch-nfts-after-taking-majority-stake-in-tokenwave","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/funko-to-launch-nfts-after-taking-majority-stake-in-tokenwave\/","title":{"rendered":"Funko to launch NFTs after taking majority stake in TokenWave"},"content":{"rendered":"<p>Nasdaq-listed maker of collectible vinyl figurines Funko has acquired a majority stake in TokenWave, a developer of a platform for showcasing and tracking non-fungible tokens (NFTs).<\/p>\n<p><!--more--><\/p>\n<figure class=\\\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\\\">\n<div class=\\\"wp-block-embed__wrapper\\\">\n<blockquote class=\\\"twitter-tweet\\\" data-width=\\\"500\\\" data-dnt=\\\"true\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">We are thrilled to announce we have joined the <a href=\\\"https:\/\/twitter.com\/OriginalFunko?ref_src=twsrc%5Etfw\\\">@OriginalFunko<\/a> family and will support Funko&#8217;s journey into the <a href=\\\"https:\/\/twitter.com\/hashtag\/NFT?src=hash&#038;ref_src=twsrc%5Etfw\\\">#NFT<\/a> space on <a href=\\\"https:\/\/twitter.com\/WAX_io?ref_src=twsrc%5Etfw\\\">@WAX_io<\/a>! Check out the official announcement here: <a href=\\\"https:\/\/t.co\/QTaKBta07k\\\">https:\/\/t.co\/QTaKBta07k<\/a><\/p>\n<p>\u2014 TokenHead (@tokenheadio) <a href=\\\"https:\/\/twitter.com\/tokenheadio\/status\/1377618614132609037?ref_src=twsrc%5Etfw\\\">April 1, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\n<\/div>\n<\/figure>\n<p>Funko representatives said the partnership would accelerate the company&#8217;s entry into the NFT space and enable the inclusion of digital assets in its product line. Terms of the deal were not disclosed.<\/p>\n<p>The American maker announced the release of its first non-fungible tokens in June. The starting price will be $9.99, the <a href=\\\"https:\/\/investor.funko.com\/news-and-events\/press-releases\/Press-Releases\/2021\/Funko-Enters-NFT-Market-with-Majority-Stake-in-TokenHead-Developer\/default.aspx\\\" target=\\\"_blank\\\" rel=\\\"noreferrer noopener nofollow\\\">press release<\/a>.<\/p>\n<p>On the news of the partnership with TokenWave, Funko&#8217;s shares rose toward year-to-date highs.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"700\\\" height=\\\"513\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-04-01-v-19.57.23.png\\\" alt=\\\"Funko announces NFT release\\\" class=\\\"wp-image-130059\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-04-01-v-19.57.23.png 700w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-04-01-v-19.57.23-300x220.png 300w\\\" sizes=\\\"auto, (max-width: 700px) 100vw, 700px\\\" \/><figcaption>Data: Nasdaq.<\/figcaption><\/figure>\n<p>Earlier, Tron founder Justin Sun created<a href=\"https:\/\/u1f987.com\/en\/news\/justin-sun-launches-the-just-nft-fund-for-nft-art-valued-at-over-1-million\"> a fund JUST NFT Fund<\/a> for artists and artworks in the form of non-fungible tokens worth over $1 million.<\/p>\n<p>As a reminder, SEC Commissioner Hester Peirce warned that the sale of fragmented NFTs and their index baskets<a href=\"https:\/\/u1f987.com\/en\/news\/sec-commissioner-peirce-nft-sales-may-violate-the-law\"> may violate the law<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq-listed maker of collectible vinyl figurines Funko has acquired a majority stake in TokenWave, a platform developer for showcasing and tracking non-fungible tokens (NFTs).<\/p>\n","protected":false},"author":1,"featured_media":39993,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1213],"class_list":["post-39992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=39992"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39992\/revisions"}],"predecessor-version":[{"id":39994,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39992\/revisions\/39994"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/39993"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=39992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=39992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=39992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}