Pillsbury Winthrop Shaw Pittman has also handled trademark and litigation work for Dapper Labs, according to public records.ĭapper Labs has continued to raise funds at a valuation above $7.5 billion, according to news reports. Shipman said that Dapper Labs turned to Cooley and Canadian law firm Fasken to advise on its fundraising round earlier this year that valued the company at $2.6 billion. NBA Top Shot is a collaboration between the company and the National Basketball Association. Menlo Ventures, a Silicon Valley venture capital firm that hired its own new top lawyer last year, led the fundraising round for Airbase.ĭapper Labs raised more than $12 million last year for its Flow project, which seeks to use blockchain technology to more easily build consumer products that can be monetized by athletes and entertainers.
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general counsel Archit Shah as its first legal chief, noted that Shipman was among several additional individual investors in a Series B capital raising valuing it at $600 million. Shipman’s new C-suite role at Dapper Labs was disclosed this week by Airbase Inc., a San Francisco-based financial technology startup that announced June 8 a $60 million fundraising of its own.Īirbase, which earlier this year hired former Robinhood Markets Inc. NFTs have been around for years but recently made headlines when the artist Beeple, whose real name is Michael Winkelmann, sold a single piece of digital artwork for $69.3 million in March.ĬryptoKitties, a blockchain-based game developed by Dapper Labs in November 2017, allows players to purchase virtual pets that they can breed, collect, and sell.
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His LinkedIn profile shows that Shipman joined the Vancouver, British Columbia-based company in April, shortly after Dapper Labs closed a $305 million fundraising round led by New York-based investment manager Coatue Management LLC.ĭapper Labs, whose other investors include venture capital firms, actors Ashton Kutcher and Will Smith, and more than a dozen professional athletes, is one of several companies specializing in NFTs, a fast-growing digital asset used to buy and sell stakes in all kinds of collectibles, such as art, music, and even baseball cards. Scott Shipman confirmed to Bloomberg Law that he joined Dapper Labs earlier this year as its first in-house attorney responsible for legal, compliance, human resources, and government affairs. Dapper Labs Inc., a digital collectibles startup behind popular non-fungible tokens like CryptoKitties and NBA Top Shot, has hired a former top lawyer for mobile gaming company AppLovin Inc.
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