NIKE, Inc. Acquires RTFKT
December 13, 2021
NIKE, Inc. announced the acquisition of RTFKT, a metaverse-born brand that creates virtual sneakers, NFTs and digital collectibles. Terms were not disclosed; Nike said it will invest in the RTFKT brand to expand its digital capabilities and serve creators at the intersection of sport, gaming, culture and digital products.
- Buyers
- NIKE, Inc.
- Targets
- RTFKT
- Industry
- Consumer Products
- Location
- United Kingdom
- Transaction Type
- Buyout
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