Nike acquires RTFKT, an NFT studio founded in 2020, for an undisclosed sum; RTFKT raised an $8M seed in May led by a16z at a $33.3M valuation (Lucas Matney/TechCrunch) TECH REVIEW

Lucas Matney / TechCrunch:
Nike acquires RTFKT, an NFT studio founded in 2020, for an undisclosed sum; RTFKT raised an $8M seed in May led by a16z at a $33.3M valuation  —  Nike is taking a plunge deeper into the world of crypto collectibles, announcing that they're acquiring the NFT studio RTFKT (pronounced “artifact").

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