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2023-01-05 23:30:19

Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market

Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market

Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company Candy Digital, according to reports. The company is selling its Candy Digital stake to an investor group associated with billionaire Mike Novogratz and his firm, Galaxy Digital. Report Says Sports Retail Giant Fanatics to Sell

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