SoftBank leads $680M funding for NFT fantasy soccer game maker Sorare

SoftBank led a $680 million funding round for nonfungible token (NFT) fantasy soccer collectible game platform Sorare. The investment values Sorare at $4.3 billion, and it speaks to the confidence investors have in the combination of blockchain games and fantasy sports.

The round is the biggest Series B (second institutional round) for a European game company, and Paris-based Sorare will use the money to acquire new licenses for its NFT products and hire new people.