Fox Corp. has come in as the lead investor in a $100 million Series A fundraising round for blockchain platform provider Eluvio. As part of the investment, Eluvio will provide the underlying technology platform for Blockchain Creative Labs. That non-fungible token (NFT) business and creative unit launched last May as joint venture of Fox Entertainment and Bento Box Entertainment.
Source: Fox Corp. Leads $100M Funding Round With Strategic Investment In Blockchain Firm Eluvio