Fanatics, VaynerMedia, Mike Novogratz team up on new NFT venture for sports fans

Cryptocurrencies are coming off a rough month, but three crypto bulls are teaming up in a new NFT venture aimed at sports fans. Fanatics, Gary Vaynerchuck of VaynerMedia and Mike Novogratz's Galaxy Digital are launching a digital collectible company called Candy Digital. Michael Rubin, executive chairman of Fanatics, and Michael Novogratz, Galaxy Digital CEO and chairman, joined "Squawk Box" on Tuesday to discuss.