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The fantasy football platform Sorare has raised $ 680 million in a Series B round where the company strives to accelerate its expansion into "the unique world of NFT fantasy sports." The Series B round was led by Softbank, among other investors, who valued the company at $ 4.3 billion, according to a press release. "We saw the enormous potential that blockchain and NFT offer to unlock a new way for football clubs, football players and their fans to experience a deeper connection with each other," said Nicolas Julia, CEO and founder of Sorare. Sorare operates at the intersection of the market for NFT, sports cards and global fantasy sports. The company claims that it has had sales of over $ 150 million in cards on its platform since January this year. "The number of monthly active paying Sorare users increased by 34X between Q2 2020 and Q2 2021, with quarterly sales increasing by 51X during the same period," the press release said. Sorare added that they have over 600,000 registered users and have licensed players from over 180 football organizations, including Real Madrid, Liverpool, Juventus, the French and German football federations. The three-year-old company strives to be on board the 20 best football leagues globally and the 50 best football clubs, not only for men's football but also women's football.

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