Fanatics sells its 60% NFT shares

[Yugocean]

Michael Novogratz's company Galaxy Digital has bought sports merchandise retailer Fanatics' 60% stake in NFT company CandyDigital.

 

[gammarays]

Michael Novogratz's company Galaxy Digital has bought sports merchandise retailer Fanatics' 60% stake in NFT company CandyDigital.

Nft business is good business especially if you're the owner and your collection is popular. You earn from royalties on every trade.

 

[Reedex]

I'm not so surprised by the news because the non-fungible token space is gaining notoriety everyday.

 

[Starmix]

Galaxy Digital Holdings's analysts' rating consensus is a Moderate Buy. It was based on the ratings of 2 Wall Sreet Analysts.

 

[uptrendfinancialsignal]

I am not surprised by the news because nft appears not to be booming like it used to be and it seems the market is plummeting.

 

[Yohanna]

I am beginning to wonder how people are losing interest in the non-fungible token business.