The NFT company’s valuation could exceed $3.8 billion, according to unnamed sources mentioned in a Business Insider article.
The platform now features more than half the Italian top teams as well as world-famous clubs including Liverpool, Real Madrid and Bayern Munich.
Accel Partners and soccer star Rio Ferdinand also joined the Series A investment round.
Sorare, the platform for digital soccer collectibles, said FC Barcelona's Gerard Piqué is investing $4.3 million in the NFT site.
Using the Ethereum blockchain Sorare generates unique digital cards representing soccer players, that can be traded by users and used in weekly league competitions.
MLS fans will now be able to collect and trade digital cards representing league players and use them to play fantasy soccer games run by the firm Sorare.
A new licensing agreement between the South Korean soccer league and Sorare will bring on over 400 K League players on to the fantasy soccer platform.
The top Italian soccer team is launching digital collectible "cards" of players via a partnership with blockchain-based game platform Sorare.