OnlyFans sells minority stake to Architect Capital at $3.15 billion valuation: Report

OnlyFans has agreed to sell ​a minority stake ​to investment firm Architect Capital ​in a deal valuing the adult-content platform at $3.15 billion, the Wall Street Journal reported.

San Francisco-based Architect will ‌buy ⁠a 16% ⁠stake in OnlyFans for $535 million, the WSJ ​reported citing the terms of the deal announced on ​Friday.

Architect and OnlyFans did not immediately respond to Reuters’ requests for comment.