Sorare

French startup Sorare combines aspects of fantasy sports, trading cards, and a play-to-earn business model; it stands to benefit from the growth of all three. Beginning with international soccer teams across leagues and expanding to include the NBA and MLB, Sorare is a fantasy sports game that lets players buy, sell, and trade NFT player cards that can be played in lineups in fantasy leagues to win rewards.

In January 2023, Sorare announced a four-year licensing partnership with the English Premier League, one of the most popular leagues in the world. With a significant amount of capital from its 2021 Series B raise of $680 million led by Softbank, and partnerships with some of the world’s most-watched sports leagues, it is positioned as a potential category leader in fantasy sports and NFT collectibles.