However Fanatics’ CEO Michael Rubin wrote within the inside electronic mail that “Divesting our possession stake at the moment allowed us to make sure buyers had been in a position to recoup most of their funding through money or extra shares in Fanatics – a good consequence for buyers, particularly in an imploding NFT market that has seen precipitous drops in each transaction volumes and costs for standalone NFTs.”
Fanatics Promoting Its 60% Stake in Sports activities NFT Agency Sweet Digital: Report
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