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Seeking Alpha 2021-04-01 11:40:56

Funko acquired a majority stake in TokenWave, shares up 11%

Funko (FNKO) has acquired a majority ownership stake in TokenWave, the developer of TokenHead, a leading mobile app and website for showcasing and tracking Non-Fungible Token holdings.The financial terms were not disclosed.TokenHead is available on iOS and Android, currently displays over 10M NFTs, and has over 100,000 visits per day.Funko expects to launch its initial NFT offerings in June 2021.Shares +11% premarket.

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