Coinbase-backed Sport.Fun to launch FUN token sale

On-chain sports platform Sport.Fun announced it has reached $90 million in cumulative trading volume and $10 million in revenue. The platform stated it has become the top consumer app on Coinbase's Layer 2 network, Base. Following this growth, Sport.Fun plans to conduct a sale for its native FUN token on the Web3 presale platform Legion and the Kraken exchange. Sport.Fun is building an on-chain prediction economy based on fantasy sports and player tokenization. Its services have expanded to include the NFL, with plans to add the NBA soon. The platform recently secured a new investment from Coinbase Ventures.