• The famed Preakness Stakes horse race gallops into the NFT market with the first real-time major sports collectible

    1 month ago - By Business Insider

    Medina Spirit was the winner of the Triple Crown's first leg.
    Michael Clevenger-USA TODAY Sports
    Preakness Stakes, one of the oldest elite horse races, has stepped into the booming NFT market with 17 auctions for digital assets.
    Footage of the 146th running of the race in Baltimore will quickly be turned into a digital collectible, the first such real-time minting for a US major sporting event.
    "We've seen a huge appetite for the growing NFT space and we want to be on the forefront of that innovation," said an executive at the company behind Preakness Stakes.
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