Fox Entertainment Invests $100 million into Blockchain Creative Labs NFT platform

Fox Entertainment’s animation studio Bento Box Entertainment has announced that it is launching a ‘creator fund’ and will invest  $100 million into a NFT digital marketplace that will be run by a new business unit Blockchain Creative Labs.  While the sale of NFTs has declined significantly over the past month, Fox’s investment in the NFT space demonstrates that the giant entertainment company seems to see a future in non-fungible tokens.