DraftKings Extends Partnership With UFC To Include Gamified NFT

·1 min read
  • DraftKings Inc (NASDAQ: DKNG) and the mixed martial arts organization UFC plan to launch a new iteration of DraftKings' 'Reignmakers' gamified digital collectibles franchise focused on UFC.

  • Reignmakers UFC will allow fans to build collections of their favorite UFC fighters and utilize them in games to compete for prizes.

  • The parties expect the first season of Reignmakers UFC NFT-based games to go live in late 2022.

  • Fans can begin collecting the initial NFTs of fighters ahead of the game launch through auctions and drops in DraftKings' Heatwave Series.

  • Under the agreement with UFC, DraftKings Marketplace will have access to fighter IP from over 500 different athletes on the active UFC roster.

  • DraftKings is already UFC's first official sportsbook and daily fantasy partner in the U.S. and Canada.

  • Price Action: DKNG shares are trading lower by 3.29% at $13.36 on the last check Friday.

See more from Benzinga

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.