Sports App OneFootball Raises $300 Million to Expand Into Web3

Football media platform OneFootball raised $300 million led by blockchain fund Liberty City Ventures to expand its presence into web3.

Berlin-based OneFootball, which has more than 100 million active users, has also established a joint venture called OneFootball Labs to enable clubs, leagues, federations and players to release digital assets and fan-centric experiences based on blockchain technology. Fans will also be able to purchase and store digital collectibles with their email and a credit card.