According to Techub News, citing The Oregonian, Nike quietly sold its digital products subsidiary RTFKT last month. Specific terms of the sale and the buyer's identity have not yet been disclosed. The report states that RTFKT had previously announced it would cease operations of its Web3 service in January 2025. RTFKT is a digital products company that Nike acquired in 2021.
Nike sold its digital products subsidiary RTFKT last month.
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