Tom Brady's Autograph NFT Agency Gets $170 Million in Series B Funding Round
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Tom Brady's Autograph NFT Agency Gets $170 Million in Series B Funding Round

THELOGICALINDIAN - Autograph the NFT bureau cofounded by acclaimed NFL amateur Tom Brady has aloft 170 actor in its alternation B allotment annular The aggregation appear that the allotment annular was led by Andreessen Horowitz and Kleiner Perkins with the accord of added notable companies in the acreage The funds aloft will accord to the amplification of the aggregation with new bearding partnerships reportedly on the way

Autograph Raises $170 Million

Autograph, the NFT close that NFL brilliant Tom Brady co-launched aftermost year, has raised $170 actor in its latest allotment round. The Series B was led by two companies: a16z and Kleiner Perkins, with the accord of Katie Haun’s new armamentarium and Lightspeed accomplice Nicole Quinn. This marks a anniversary for the startup, which aloft $35 actor in its Series A allotment round, extensive a appraisal of $700 actor at that time. The aggregation did not acknowledge its new appraisal this time.

Tom Brady, co-founder of the platform, was actual optimistic about the approaching of web3 and Autograph. He stated:

The company, whose operation consists in actuality a articulation amid entertainers, athletes, and admirers to action NFT memorabilia, has already managed to allure a cardinal of participants to the NFT arena, including names like Tom Brady, Tiger Woods, Naomi Osaka, The Weeknd, Simone Biles, Tony Hawk, and Derek Jeter.

On the achievement of the company, Arianna Simpson, accepted accomplice at A16z, stated:

Expansion in Sight

In the columnist absolution announcement the after-effects of the allotment round, the aggregation declared it had the ambition of accretion its association at scale, and acclaimed that to accomplish this cold it had additionally accomplished added partnerships that would be appear soon.

Last year, the aggregation announced a accord with Draftkings, to barrage a collective NFT exchange with the cold of acceptance users to booty control of and barter their NFTs acquired via Autograph’s drops. The bazaar uses Polygon — an Ethereum amplification sidechain — to complete its operations. This is meant to advice users abstain aerial fees that NFT owners generally accept to pay on Ethereum.

What do you anticipate about Autograph’s latest allotment round? Tell us in the comments area below.

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