Nike Stock News

In today''s Crypto Minute, Ross Mac explores Elon Musk''s bet on Dogecoin, gives an update on bitcoin mining, checks in on Nike''s metaverse efforts and looks at a costly NFT typo.

Nike is leaping into the virtual reality space with its acquisition of digital show maker RTFKT, its CEO John Donahoe (inset) said The shoes can be collected, traded, or worn in virtual reality (pictured)

The American multinational corporation - Nike - hopped on the Metaverse bandwagon by acquiring the NFT company RTFKT.

Dearborn Partners LLC raised its position in NIKE, Inc. (NYSE:NKE) by 4.1% during the third quarter, HoldingsChannel reports. The firm owned 16,276 shares of the footwear makers stock after buying an additional 644 shares during the quarter. Dearborn Partners LLCs holdings in NIKE were worth $2,364,000 as of its most recent SEC filing. Several other []

Nike is furthering its involvement in the metaverse sector, announcing yesterday that it has acquired RTFKT. Pronounced as artifact, RTFKT has been leveraging NFTs to create digital collectibles, including items like sneakers that can be worn by digital characters.

The dominance of Nike Inc. (NYSE: NKE) in the sports apparel and footwear market has remained unchallenged over the past several years. The brand is considered superior to the other [] The post Unfazed by short-term headwinds, Nike (NKE) remains a compelling buy first appeared on AlphaStreet .

Mogy Joel R Investment Counsel Inc. raised its position in shares of NIKE, Inc. (NYSE:NKE) by 1.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 126,366 shares of the footwear makers stock after acquiring an additional 1,300 shares during the quarter. NIKE comprises 1.5% []

Read Tuesday''s breaking news in the daily digest. Continue reading Crypto Flipsider News Bitcoins Downtrend, Banks Embrace Crypto, Why Musk Prefers Dogecoin, Myanmar Takes USDT as Official Currency, Exchange Delists XRP, Nike Buys Virtual Sneaker Creator at DailyCoin.com.

Nike bought RTFKT, which creates virtual shoes as non-fungible tokens (NFT), but the terms of the deal have not been disclosed.

Nike has secured a deal to purchase virtual fashion startup RTFKT as it ramps up its metaverse investment. The terms of the tie up have not yet been revealed however… The post Nike acquires virtual fashion brand RTFKT amid metaverse push appeared first on Latest Retail Technology News From Across The Globe - Charged .

Nike has become the latest major fashion brand to step into the NFT space with the purchase of digital apparel start up, RTFKT.

Sportswear manufacturer Nike announced the acquisition of virtual sneakers and collectibles brand RTFKT. Nike becomes the biggest U.S.-based athletic products manufacturer through this partnership to join the metaverse bandwagon. A Cointelegraph report from Nov. 02 highlighted Nike’s submission of requests for patenting the words — namesake, swoosh logo and just do it — for use […] The post Nike enters the metaverse game following RTFKT acquisition appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .

Nike has acquired RTFKT, a nonfungible token (NFT) collectible and fashion startup, according to a press release, which could represent a larger expansion of the footwear company into the metaverse. RTFKT boasts among its products a hybrid NFT and physical shoe collectible, which was inspired by the CryptoPunks NFT collection, CoinDesk reported. That product saw […]

Nike just announced the acquisition of RTFKT Studios, which it calls "a leading brand that leverages cutting edge innovation to deliver next generation collectibles that merge culture and gaming."

Lucas Matney / TechCrunch : Nike acquires RTFKT, an NFT studio founded in 2020, for an undisclosed sum; RTFKT raised an $8M seed round in May led by a16z at a $33.3M valuation — Nike is taking a plunge deeper into the world of crypto collectibles, announcing that they''re acquiring the NFT studio RTFKT (pronounced “artifact").