The market for non-fungible tokens -- digital assets like art, video clips, or music that ownership identified in the blockchain -- came to life in 2021, despite some ups and downs. Three months ago, monthly sales volume of NFTs was checking in at $59.2 million. As dollars and cryptocurrencies such as Ethereum flow into NFTs, companies are trying to figure out how to capitalize.
DraftKings can't buy Entain without MGM Resorts' consent, and that could set up a showdown for the two companies.
Already one of the most successful IPOs in recent years, this company could experience more upside potential in the years to come.