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2021 Emmy Awards Winners: Full List of Winners from the 73rd Primetime Emmy Awards << Rotten Tomatoes – Movie and TV News
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Rupert Murdoch is hopping on the NFT train
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Rupert Murdoch’s Fox creates $130m fund to invest in NFTs
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By Christopher Palmeri
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Rupert Murdoch’s Fox Corp. is joining the list of investors and businesses pumping big money into nonfungible tokens, or NFTs, a type of digital file that can be bought and sold around creative works like pictures, music and videos.
The entertainment giant behind Fox News and the Fox broadcast network said on Tuesday (US time) it’s launching a new fund for digital creators and seeding it with $US100 million ($130 million). The fund is part of a broader effort announced in May that includes a new business unit, Blockchain Creative Labs, that will sell and administer NFTs and other digital goods.
Fox creates US$100M fund for the nonfungible token market
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