Dapper Labs' Flow has created a $725 million fund.

Flow launches $725M fund to support its blockchain ecosystem

Flow, the blockchain platform started by NBA Top Shot maker Dapper Labs, has announced a $725 million fund to invest in applications and growth for its blockchain ecosystem.

Flow is layer-1 blockchain that powers non-fungible token (NFT) applications including games, apps and digital assets including NBA Top Shot and NFL All Day. Dapper Labs built it to support lots of transactions per second and to minimize environmental costs, as Ethereum wasn’t sufficient. Now 7,500 developers contribute to Flow.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.