The funding round drew investors such as Liberty City Ventures, Animoca Brands, Quiet Capital, RIT Capital Partners and Dapper Labs.

The latest round values the company at over $1 billion, according to a source familiar with the matter.

The company, which has more than 100 million monthly active users, offers free and pay-per-view live streamed football matches from hundreds of competitions such as Bundesliga and Scottish Premiership.

OneFootball plans to help the football industry release digital assets and fan-centric experiences based on blockchain technology, founder and CEO Lucas von Cranach told Reuters.