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Berlin-based football app enters the metaverse following $300M fundraiser

Published 04/28/2022, 10:05 AM
Updated 04/28/2022, 11:40 AM
Berlin-based football app enters the metaverse following $300M fundraiser

OneFootball, a German football media application, has raised $300 million in a Series D round to grow the company's presence on Web3 and develop new features on its platform.

According to a Thursday announcement, OneFootball and nonfungible token (NFT)-centric Animoca Brands created a joint venture called OneFootball Labs. The new platform will "enable clubs, leagues, federations and players to provide digital assets and fan-centric experiences based on blockchain technology." Furthermore, fans will be able to obtain and store virtual collectibles using their email address and credit card.

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