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Fox Corp prepares to invest nearly $100 million in NFT and blockchain initiatives

August 18, 2022
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Fox Corp is preparing to invest up to $100 million in NFT and blockchain initiatives to show its seriousness in the space. (Collier declined to say how much the company has spent so far).

In August 2021, Fox Corp paid an undisclosed amount to acquire a minority stake in Eluvio, a startup whose platform aims to use blockchain to distribute and monetize premium content to verify ownership and Provide access control.

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