Architect Capital acquires 16% of OnlyFans for $535 million
The American investor enters the capital of the predominantly adult entertainment platform, aiming to develop new financial services and products for creators after the death of the founder.
OnlyFans also attracts private equity funds. Not just millions of customers.
The platform particularly known for adult entertainment has in fact decided to sell a minority stake in its capital after the death of patron Leonid Radvinsky, 43, and the San Francisco-based fund Architect Capital will take it over.
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The American investor will acquire 16% of OnlyFans, for a value of $535 million, in a deal that values the site at $3.15 billion.
Thus OnlyFans enters the world of high finance. According to the agreement, announced yesterday, Architect will work with the hot platform to sdevelop new financial services and products to be offered to platform creators.
After the death of the patron OnlyFans remains in the ownership of his family.
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