According to Forbes, the top 10 esports companies are worth an average of $353 million, a 46% increase compared to December 2020.
TSM, which rebranded to TSM FTX after signing a $210 million partnership with the exchange, is valued at $540 million, the most valuable esports company in 2022.
100 Thieves emerged as the second-most valuable esports company with a $460 million valuation, driven by a $60 million Series C funding round in December 2021.
Team Liquid, owned by aXiomatic Gaming, is the third-most valuable esports company at $440 million.
FaZe Clan rounds out the top four with a $400 million valuation, a 31% increase compared to 2020.
FaZe Clan announced plans in October 2021 to go public through a merger with blank-check company B. Riley Principal 150 Merger Corp., valuing the combined entity at $1 billion. The deal would give FaZe the highest-ever valuation for an esports company, surpassing TSM.
