Benzinga | Oct 27, 2021 06:57AM EDT

Mattel Partners With WAX For Hot Wheels NFT Garage - Series 1

* Mattel Inc (NASDAQ:MAT) has partnered with The Worldwide Asset eXchange (WAX) to launch Hot Wheels NFT Garage- Series 1.

* The Hot Wheels NFT Garage will release 40 new NFT Hot Wheels designs for fans and collectors.

* The digital collectibles will offer fans the chance to own limited-edition real-life die-cast vehicles when they collect select NFTs.

* The Hot Wheels NFTs will be released globally starting at $15 on November 16, 2021.

* Price Action: MAT shares closed higher by 2.14% at $20.53 on Tuesday.