Indian cricket legend Sachin Tendulkar invests in NFT platform Rario
Singapore-based Rario said Tendulkar is now a strategic investor and brand ambassador of the firm, in an announcement on Tuesday. As part of the deal, Rario will exclusively offer Tendulkar's digital collectibles on its platform. The firm did not disclose the investment amount injected by Tendulkar.
Founded in 2021, Rario is a cricket-focused NFT platform, which sells digital collectibles of players and leagues. The firm claims to have partnered with more than 900 cricketers, including Aaron Finch, Faf Du Plessis, Virender Sehwag, Zaheer Khan and Smriti Mandhana, and sold over 150,000 NFTs to date. Rario is backed by some high-profile investors, including Dream Capital, Animoca Brands and Kingsway Capital, having raised $120 million in a Series A earlier this year.
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