The league is making its first foray into NFTs as it looks to capitalize on a surge of new fans.
The token began the day at $18.26 and climbed to $27.56 after the announcement from Binance, according to data from Messari.
Anchorage President Diogo Monica said the token was added following “massive demand” from its institutional clients.
The firm is adding key staff on the heels of a $305 million funding round.
NFT Genius wants to bring immersive experiences to the NFT sector.
The maker of NBA Top Shot is deploying new tools for developers to launch tokens on the Flow blockchain.
Steady user numbers and a strong base of small-dollar sales could keep Dapper Labs’ darling humming even if NFTs cool off.
The complaint alleges that NBA Top Shot “moments” are securities in that their value increases with the success of the project.
The funding will be used to expand Genies' NFT marketplace on Dapper Labs' Flow blockchain.
The digital trading card company says it got fed up after three years of scaling woes on the world computer.
Three-year old Dapper's value is exploding along with the demand for non-fungible tokens.
Dapper Labs' buzzy NFT platform has generated over $500 million in sales since launch.
Flow’s NBA Top Shot accounts for more transactions than all the other NFT projects combined.
The surge in staking activity – similar to depositing money in an interest-bearing account – reflects the broader NFT frenzy.
Flow is also the name of Dapper Labs' blockchain.