Drake’s net worth keeps rising. The hip-hop MC and entrepreneur is winning big with his esports franchise, 100 Thieves. The team of high-profile gamers just completed a fundraising round that has increased its value to $125 million, reported the New York Post.

During its initial round of funding the team was valued at $90 million. The increase  in value has happened in just one year. However, with the rise of esports popularity and its convergence with hip-hop, insiders say the rise in Drake’s team’s valuation makes sense.

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“It’s not a surprise … Investor groups are looking to get involved. They are selecting teams in which they have confidence,” a source in the esports arena told the Post.

100 Thieves was founded by professional gamer Matthew “Nadeshot” Haag. Drake became a co-owner in October of 2018. Other investors include Justin Bieber and Cleveland Cavaliers owner Dan Gilbert.

In addition to being a heavyweight in the esports industry, 100 Thieves offers entertainment and apparel. They recently added Arkhram, one of the game’s best players, as its newest Fortnite player.

Though Drake could not be reached for comment, if 100 Thieves keeps pace with its rapid growth, it could become the second largest franchise headquartered in Los Angeles.