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Usha Yadav
Apr 21, 2022

Rario, an NFT platform, Has Raised $120 Million in Funding From Dream Capital.

Cricket NFT
In a press release issued on Thursday, Rario revealed that the company has raised $120 million in a Series A fundraising round headed by Dream Capital.

In the round, Alpha Wave Global joined current investors Animoca Brands (a global pioneer in Web3 gaming), Presight Capital, and Kingsway Capital. Through exclusive contracts with six major cricket leagues and a roster of over 900 cricketers, Rario presently holds the world's greatest share of cricket NFT rights. Rario now has access to 140 million people through Dream Capital due to this fundraising round.

Rario Signed one of the World's Largest Cricket NFT Deals

The cricket NFT platform just inked one of the great cricket NFT partnerships globally, a multi-year exclusive relationship with Cricket Australia and the Australian Cricketers' Association to develop an Australian cricket metaverse of collectibles and gaming.

"Cricket is the world's second-largest sport, with more than 1.5 billion followers worldwide," Ankit Wadhwa, co-founder and CEO of Rario, stated in response to the latest fundraising round. 

NFTs allow fans to own and trade digital collectibles, resulting in new forms of involvement. The 140 million sports fans on Dream Sports will further strengthen Rario's global cricket NFT ecosystem.``

Rario, an NFT platform, Has Raised $120 Million in Funding From Dream Capital.
Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

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