About This Deal

NIKE acquired RTFKT, a transaction completed in December 2021, structured as Acquisition.

RTFKT is based in United States. RTFKT, founded in 2020, is a digital-native brand that creates next-generation collectibles merging culture and gaming, using game engines, NFTs, blockchain authentication and augmented reality. Terms were not disclosed.

Accelerates Nike's digital transformation and extends its reach into virtual products, gaming and creator culture.

Deal Terms

Acquirer
NIKE
Target
RTFKT
Value
Not disclosed
Date
December 2021
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States
Structure
Acquisition
Announced
December 13, 2021
Closed
December 13, 2021

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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