We’ve got some big news that we’re super excited to share with you and the rest of our community!
We’re pleased to announce that Stakes has raised $5.3 million in seed funding from a group of amazing partners to help us expand and create the best product and experience for you.
Partners include Digital Currency Group, FBG Capital, CMS Holdings, LD Capital, Cadenza Ventures, Matrixport, and Sterling Select Group.
Additionally, former NBA Vice President Sam Li is joining us as a strategic investor and advisor.
Rumi Morales, Director of Investments at Digital Currency Group, said it best: “Stakes is defining a web3 way to engage with sports through a new category of NFTs with sentimental value that captures fandom to inspire the next generation of sports fans.”
Our mission is to bring people together through sports, community, and competition with an engaging digital experience that’s so much more than traditional sports betting and wagering. We wouldn’t be able to continue this journey without all of you and we are looking forward to sharing what’s next.
If you want to check out the full story, click here.
Thanks again for your support—happy wagering!
-The Stakes Team!
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Bettors with potential winnings as high as $800,000 if the Saint Peter’s run goes all the way to the national title have sportsbooks starting to sweat, while a New Jersey law means North Carolina will be a futures winner no matter what Sunday.
The Pittsburgh Pirates have reached agreement on an eight-year, $70-million contract extension with third baseman Ke’Bryan Hayes, the largest deal in franchise history.
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