{"id":49824,"date":"2021-09-21T09:58:41","date_gmt":"2021-09-21T06:58:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49824"},"modified":"2025-09-02T14:37:57","modified_gmt":"2025-09-02T11:37:57","slug":"sorare-nft-platform-raises-680m-at-a-4-3bn-valuation","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/sorare-nft-platform-raises-680m-at-a-4-3bn-valuation\/","title":{"rendered":"Sorare NFT platform raises $680m at a $4.3bn valuation"},"content":{"rendered":"<p>The French NFT fantasy football platform Sorare completed a $680 million Series B round of financing, led by the Japanese holding SoftBank.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">Today marks a historic day for the sports, gaming and <a href=\\\"https:\/\/twitter.com\/hashtag\/NFT?src=hash&#038;ref_src=twsrc%5Etfw\\\">#NFT<\/a> communities. \ud83d\ude80<\/p>\n<p>We\u2019re announcing our $680M Series B to build the next giant in sports entertainment! \ud83d\udd25<a href=\\\"https:\/\/twitter.com\/hashtag\/OwnYourGame?src=hash&#038;ref_src=twsrc%5Etfw\\\">#OwnYourGame<\/a>\u26bd <a href=\\\"https:\/\/t.co\/O8OfkKfeLF\\\">pic.twitter.com\/O8OfkKfeLF<\/a><\/p>\n<p>\u2014 Sorare (@SorareHQ) <a href=\\\"https:\/\/twitter.com\/SorareHQ\/status\/1440181893274562562?ref_src=twsrc%5Etfw\\\">September 21, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Following the round, Sorare&#8217;s valuation stood at $4.3 billion.<\/p>\n<p>Investors included Accel, Benchmark, Headline, Atomico, D1 Capital, Bessemer Ventures, Eurazeo, IVP, Hillhouse and Liontree, as well as professional footballers Gerard Piqu\u00e9, Antoine Griezmann, Rio Ferdinand and C\u00e9sar Azpilicueta.<\/p>\n<p>The funds will be used to open a U.S. office, expand into new sports, and develop a mobile application.<\/p>\n<p>Sorare was founded in 2018. On the platform you can buy, sell and trade NFT player cards from leading football clubs. The tokens are also used in virtual prize tournaments.<\/p>\n<p>Among Sorare&#8217;s 175 partner clubs are the French <a href=\"https:\/\/u1f987.com\/en\/news\/paris-saint-germain-tokenises-neymar-and-david-beckham\">\u00abParis Saint-Germain\u00bb<\/a>, the Italian Juventus, the Spanish Barcelona, the Russian Spartak, and <a href=\"https:\/\/u1f987.com\/en\/news\/zenit-tokenises-artem-dzyuba\">\u00abZenit\u00bb<\/a>.<\/p>\n<p>According to the company, the platform has more than 600,000 registered users. Since the beginning of 2021, trading volume has exceeded $150 million.<\/p>\n<p>Earlier in February, Sorare completed a Series A financing round of <a href=\"https:\/\/u1f987.com\/en\/news\/benchmark-leads-e40-million-funding-round-for-sorare\">$50 million<\/a>, led by Benchmark.<\/p>\n<p>In March, the developers of the NFT platform NBA Top Shot <a href=\"https:\/\/u1f987.com\/en\/news\/developers-of-the-nba-top-shot-nft-platform-raise-305-million-from-michael-jordan-and-other-investors\">$305 million<\/a> from basketball legend Michael Jordan, as well as venture firms Coatue and Andreessen Horowitz.<\/p>\n<p>Subscribe to ForkLog News on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The French NFT fantasy football platform Sorare completed a $680 million Series B round led by the Japanese holding SoftBank.<\/p>\n","protected":false},"author":1,"featured_media":49825,"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":[1213,1599,828,1133],"class_list":["post-49824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-nft","tag-softbank","tag-sports","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"57","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49824","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=49824"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49824\/revisions"}],"predecessor-version":[{"id":49826,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49824\/revisions\/49826"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/49825"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=49824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=49824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=49824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}