OnlyFans in Talks to Sell 60% Stake in Deal Valued at Up to $5.5 Billion

TheNewsCryptoPublished on 2026-01-31Last updated on 2026-01-31

Abstract

According to The Wall Street Journal, OnlyFans is in discussions to sell a 60% stake to U.S. private equity firm Architect Capital. The potential deal could value the subscription platform between $3.5 billion and $5.5 billion, including debt. Majority owner Leo Radvinsky, who acquired the company in 2018, has previously explored a full sale. Architect Capital, known for investing in businesses with regulatory challenges, aims to improve payment systems for creators and plans to take OnlyFans public by 2028. The report also notes that OnlyFans' parent company, Fenix International, previously invested significantly in Ethereum, sustaining substantial losses during the 2022 crypto market downturn.

According to the report by The Wall Street Journal, OnlyFans, a London-based subscription platform is reportedly talking to the Architect Capital, a U.S. private Equity firm, to sell its 60% stake. If the deal goes through, then it could value OnlyFans at $3.5 billion or $5.5 billion, including debt.

OnlyFans Ownership

OnlyFans is owned by Leo Radvinsky, who bought the company in 2018. He currently holds the majority stake, and over the last two years, he has taken nearly $1 billion in dividends. In 2025, he reportedly explored selling the entire company for around $8 billion. Despite all this, OnlyFans continues to generate around $1.6 billion in annual net revenue.

Architect Capital is interested in buying the stakes because it is known for investing in businesses that face regulatory challenges. The firm aims to improve the payment systems for creators and support underbanked users on OnlyFans. Architect Capital also says that it is taking OnlyFans public by 2028 through IPO.

OnlyFans History in Crypto Investment

OnlyFans’ parent company, Fenix International, has invested about $19.9 million in Ethereum between 2021 and 2022. By November 2022, the company had recorded an $8.45 million loss during the crypto crash and reduced the value of its ETH holdings to $11.4 million. But there is no confirmation on whether Fenis sold the ETH, and it also explored Ethereum-based NFTs, which shows continuous interest in blockchain.

If the Deal is completed, then there will be a major shift in OnlyFans ownership after years of private control. Right now OnlyFans remains one of the most profitable subscription platforms globally.

Highlighted Crypto News:

Ethereum Foundation Enters Period of Mild Austerity, Says Vitalik Buterin

TagsCryptocurrencyETHEREUM

Related Questions

QWhat percentage of OnlyFans is being sold in the potential deal with Architect Capital?

AOnlyFans is in talks to sell a 60% stake to Architect Capital.

QWho is the current majority owner of OnlyFans and when did they acquire the company?

ALeo Radvinsky is the current majority owner of OnlyFans, having acquired the company in 2018.

QWhat is the estimated valuation range for OnlyFans in this potential deal?

AThe deal could value OnlyFans at between $3.5 billion and $5.5 billion, including debt.

QWhat was the financial outcome of OnlyFans' parent company's investment in Ethereum?

AFenix International invested $19.9 million in Ethereum and recorded an $8.45 million loss during the crypto crash, reducing the value of its ETH holdings to $11.4 million by November 2022.

QWhat is Architect Capital's stated goal for OnlyFans' payment systems and future plans?

AArchitect Capital aims to improve payment systems for creators, support underbanked users, and plans to take OnlyFans public via an IPO by 2028.

Related Reads

Bitcoin Mining Farms Are Becoming AI Factories

Bitcoin mines are transforming into AI factories. This shift is driven by the convergence of three key assets from the previous crypto cycle: infrastructure, talent, and capital. Crypto mining companies like Crusoe, CoreWeave, and Bitdeer are repurposing their core competency—securing power, land, and grid connections in remote locations—to build data centers for AI clients. These firms are signing multi-billion dollar, long-term contracts with companies like Anthropic, AWS, and Microsoft, as AI's demand for reliable, high-capacity compute surpasses the profitability of Bitcoin mining. Simultaneously, crypto entrepreneurs and engineers are applying their skills to new AI ventures. Examples include OpenSea's co-founder launching OpenRouter (an AI model aggregator), and former Coinbase engineers building Fal.ai (a generative media infrastructure platform). Their experience in building scalable, global software networks translates effectively to the AI space. Furthermore, capital accumulated during the crypto boom is now fueling AI. Figures like Jed McCaleb (co-founder of Ripple) funded Voltage Park, a large-scale GPU cloud provider. Notably, some crypto investments, like FTX's early bets on Anthropic and Cursor, have generated astronomical paper returns, demonstrating how high-risk crypto capital flowed into AI before it became mainstream. The transition is not just about repurposing hardware, but about redirecting critical resources—power infrastructure, distributed systems expertise, and venture funding—to the next technological frontier: artificial intelligence.

链捕手38m ago

Bitcoin Mining Farms Are Becoming AI Factories

链捕手38m ago

Morpho Launches Fixed-Rate Product Midnight: Lenders and Borrowers Set Their Own Rates, Ending the Era of Interest Rate Models

Morpho Launches Fixed-Rate Product Midnight: Lenders and Borrowers Set Their Own Rates, Ending the Era of Algorithmic Interest Models On-chain lending has grown to $60 billion but remains minuscule compared to traditional finance's $200 trillion annual credit volume. Morpho identifies the lack of fixed rates and maturity dates as key bottlenecks. Institutions need predictability, not the passive floating rates set by algorithmic models. Midnight allows lenders and borrowers to directly quote rates, set terms, and become price makers, not takers. Fixed-rate lending is now viable due to cheaper, faster blockchains and the entry of institutions demanding control and certainty over returns, costs, and duration. Morpho Blue previously gave users control over risk; Midnight adds control over interest rates. Past attempts at on-chain fixed-rate lending failed primarily because they were built on top of floating-rate pools (creating unpredictability) or lacked sufficient active participants. Midnight avoids these pitfalls as a standalone primitive with fixed rates at its core, built upon Morpho Blue's existing large and active user base. Midnight offers distinct value: institutions gain predictable term structures and full control; fintech companies can offer tailored fixed-rate products; lenders/borrowers achieve predictability and efficiency; and curators can now differentiate by configuring both risk and interest rates. Morpho Midnight is not a replacement for Morpho Blue. The Morpho network will now feature two complementary market structures: floating-rate/open-term (Blue) for flexibility and fixed-rate/fixed-term (Midnight) for predictability. Liquidity can flow between them. The launch will be gradual, prioritizing security. Initially, it will support direct lending on Base network with one trading pair (cbBTC/USDC) and limited maturity dates. Advanced features like auto-rollovers will be introduced later.

marsbit39m ago

Morpho Launches Fixed-Rate Product Midnight: Lenders and Borrowers Set Their Own Rates, Ending the Era of Interest Rate Models

marsbit39m ago

Trading

Spot
活动图片