OnlyFans plans to sell 60% stake at $5.5 billion valuation: Report

OnlyFans is in talks to sell a nearly 60% stake in the company to investment firm Architect Capital, according to The Wall Street Journal. Including debt, the potential deal would value the adult social media platform at around $5.5 billion. However, the report noted that the deal isn't finalised and it is possible the talks won't result in any transaction.