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Creator of hit NFT project NBA Top Shot poised to net $250 million in round led by $25 billion firm

by Frank Chaparro

February 12, 2021, 5:45PM EST · 2 min read

Quick Take

NFT-focused startup Dapper Labs is raising $250 million in a new funding round led by Coatue Management.
The round comes amid a period of rapid growth for its NBA Top Shot NFT product.

The new raise would value Dapper Labs, the developer behind CryptoKitties and NBA Top Shot, at $2 billion.

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