Autograph Raises $170 Million
Autograph, the NFT firm that NFL star Tom Brady co-launched last year, has raised $170 million in its latest funding round.
This marks a milestone for the startup, which raised $35 million in its Series A funding round, reaching a valuation of $700 million at that time.
Tom Brady, co-founder of the platform, was very optimistic about the future of web3 and Autograph.
The company, whose operation consists in being a link between entertainers, athletes, and fans to offer NFT memorabilia, has already managed to attract a number of participants to the NFT arena, including names like Tom Brady, Tiger Woods, Naomi Osaka, The Weeknd, Simone Biles, Tony Hawk, and Derek Jeter.
Autograph has truly shown itself to be a rocketship in the past six months.
In the press release announcing the results of the funding round, the company stated it had the intention of expanding its community at scale, and noted that to achieve this objective it had also finalized other partnerships that would be disclosed soon.
Expansion in Sight
Last year, the company announced a deal with Draftkings, to launch a joint NFT marketplace with the objective of allowing users to take possession of and trade their NFTs acquired via Autograph’s drops.
