Why DraftKings Is Soaring This Week
Shares of DraftKings (NASDAQ: DKNG) were up 12.4% for the week heading into Friday, helped along by the sportsbook announcing it would be introducing a marketplace for nonfungible tokens, or NFTs, the trendy new digital asset that uses blockchain technology to certify authenticity and prevent duplication of digital items.
The marketplace will also give collectors a place to buy and sell other digital sports-related memorabilia.
Source Fool.com