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Tom Brady's NFT startup gets $170 million in Silicon Valley funding

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CryptoRuby wrote a column · Jan 20, 2022 01:10
Autograph, an NFT platform co-founded by professional football player Tom Brady, raised $170 million in a Series B funding round led by Silicon Valley investors Andreessen Horowitz and Kleiner Perkins.
The startup, launched in July, also received investments from Lightspeed Venture partner Nicole Quinn and Katie Haun's new firm.

Brady has been one of the highest profile advocates from the world of sports and entertainment for cryptocurrencies, donning "laser eyes"-- a stealth mark among crypto supporters -- on his Twitter profile picture.
Source: Twitter
Source: Twitter
Brady and his supermodel wife Gisele Bündchen have been avid cryptocurrency supporters of late. The pair have taken an equity stake in leading crypto exchange FTX, whose founder Sam Bankman-Fried also sits on the board of Autograph.

Last year, Brady launched an NFT collection on his platform that sold out within minutes.
Source: Autograph
Source: Autograph
Based in Los Angeles, Autograph helps athletes and entertainers launch and promote their non-fungible tokens. Its chief executive officer, Dillion Rosenblatt, formerly worked at Cameo and Apple Music.

Its rosters of celebrities with NFT deals include Tiger Woods, Noami Osaka and Tony Hawk. Fans can purchase the NFTs at designated platforms, such as $DraftKings(DKNG.US)$ and OpenSea.

Valuation of the startup was not disclosed today.
Source: Bloomberg
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Crypto news and opinion. ༼ つ ◕_◕ ༽つ Crypto enthusiastic (Not a financial advisor)
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