Global law firm White & Case LLP has advised Softbank Vision Fund II on its investment as lead investor in the Series B financing of sports digital collectibles start-up Sorare.
"This is an exciting investment by Softbank in an innovative company at the forefront of the gaming industry," said White & Case partner Dan Turgel, who led the Firm's deal team. "Our role advising on this deal highlights White & Case's expertise in delivering transactions for fast growing technology companies."
Founded in 2018, Sorare is a French start-up leveraging on the most advanced blockchain technologies to enable football fans across the world to purchase, collect, trade and play with licensed football crypto-goods. Sorare was created by football fans for football fans and through blockchain digital collectibles and its global fantasy football, the company is on a mission to become 'the game within the game'.
The White & Case team which advised on the transaction was led by partners Dan Turgel (London) and Guillaume Vitrich (Paris), with support from partners Emilie Rogey, Bertrand Liard, Alexandre Jaurett (all Paris) and Prat Vallabhaneni (Washington, DC), and associates Helen Pantelides, Francis Brown (both London), Clement Cenreaud, Clementine Durney and Cecilia Grosjean (all Paris).
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