Express
Topps, A Trading Card Company That Focuses On NFTs, Abandons SPAC Merger Listing Plan
Summary: According to the Wall Street Journal, after losing an exclusive contract to produce cards for Major League Baseball, Topps, a traditional NFT-focused trading card company, abandoned its plan to merge and go public through SPAC (Special Purpose Acquisition Company). The 80-year-old company has always regarded the blockchain and NFT token market as its "growth accelerator". ...
According to the Wall Street Journal, after losing an exclusive contract to produce cards for Major League Baseball, Topps, a traditional NFT-focused trading card company, abandoned its plan to merge and go public through SPAC (Special Purpose Acquisition Company).
The 80-year-old company has always regarded the blockchain and NFT token market as its "growth accelerator". The company ever reached an agreement in April to merge and go public with Mudrick Capital Acquisition Corp. II. The transaction will bring the combined company's valuation to $1.3 billion.
Tags: NFT,SPAC,Topps
Link: Topps, A Trading Card Company That Focuses On NFTs, Abandons SPAC Merger Listing Plan [Copy]
