Japan’s SoftBank is investing 10% of the company’s $5 billion funds in crypto-related assets, a strategy that the bank’s managing director supports even if some tokens are overvalued. According to the managing director of SoftBank’s Latin America Fund, Paulo Passoni, the most attractive place to invest in Latin America is cryptocurrencies, Bloomberg reported. “Of course,…
Sorare, a sports NFT platform, raised a Series B round of $680 million at a $4.3 billion valuation. The financing by SoftBank has become the biggest Series B round in Europe. Launched in late 2019 as an alternative to traditional fantasy sports games, Sorare minted football player cards as NFTs. Users can build a weekly…