The cricket-themed NFT platform developer pulled in a nine-figure sum through a round led by Dream Sports and backed by Animoca Brands.

Rario, the Singapore-headquartered owner of a cricket-focused non-fungible token (NFT) platform, raised $120m yesterday in a series A round led by Dream Capital, the investment arm of fantasy sports operator Dream Sports.

Blockchain technology and game provider Animoca Brands filled out the round alongside Alpha Wave Global, Kingsway Capital and Presight Capital.

Founded in 2021, Rario has built an online platform that allows users to collect and trade cricket-based NFTs spanning areas such as video clips, player cards and other…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.