Walt Disney Co (NYSE: NYSE:DIS) is rumored to be making a big acquisition in the non fungible token (NFT) space, according to Outlier Ventures CEO Jamie Burke.
What Happened: Burke, an early investor in Ethereum (CRYPTO: ETH), Bitcoin (CRYPTO: BTC), and NFTs, tweeted about the rumored Disney purchase on Sunday.
“If it happens it would be the biggest deal to date for the industry,” Burk saide in a Twitter thread, adding that one of the replies had "got it."
His tweets also got the attention of Twitter Inc (NYSE: NYSE:TWTR) and Coinbase (NASDAQ:COIN) Global Inc (NASDAQ: COIN) backer Gary Vaynerchuk.
HmmmSee Also: How To Buy Disney (DIS) stock— Gary Vaynerchuk (@garyvee) March 13, 2022
Why It Matters: Multiple commentators pitched their takes on the rumor and the possible Disney target.
Probably nothing. @genies https://t.co/hM0oEeoUb6— Carbo (@carbo00) March 13, 2022
Yuga Labs— cantino.eth (@chriscantino) March 13, 2022
Not too many to choose from