Kraken Launches SportFun (FUN) Token Sale with $60M FDV

2025-12-17 10:08

Kraken has initiated the sale of SportFun (FUN) tokens, with subscriptions open until December 18 at 13:00 UTC. The tokens are priced at $0.06 each, reflecting a fully diluted valuation (FDV) of approximately $60 million. The token release schedule includes an initial unlock of 50% at the Token Generation Event (TGE), with the remaining 50% to be unlocked linearly over the following six months. SportFun is a blockchain-based fantasy sports platform where users can own, trade, and compete with digital athletes.

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