Fanable's $11.5M Aims to Solve Collectibles' Fraud and Liquidity Challenges with Web3

Fanable, a Web3 marketplace for Pokémon, comic books, and digital collectibles, has secured $11.5 million in funding to accelerate its expansion and ecosystem development. The investment was led by prominent figures and institutions, including Michael Rubin (founder of Fanatics), Ripple, Steel Perlot, Polygon, Borderless, and Morningstar . The capital will be allocated to enhance platform development, expand globally, and integrate Web3-native features that deepen user engagement with physical and digital collectibles. The platform has already achieved over 20,000 sales transactions, with a 100% monthly growth rate, underscoring its rapid adoption .

A key component of Fanable's strategy is the launch of a $COLLECT token farming campaign in collaboration with the Collect Foundation. This initiative aims to incentivize community participation by offering rewards tied to the upcoming $COLLECT token, which will unlock governance rights, trading incentives, and future utility within the ecosystem. Early participants can earn points through the campaign, which are designed to provide a fair and decentralized opportunity for users to stake their influence in the platform's development . Steve D'Agostino, CEO of the Collect Foundation, emphasized the initiative's role in bridging collectibles and Web3, stating it marks the beginning of "new value for collectors" .

The $11.5 million raise reflects growing confidence in Fanable's vision to merge nostalgia-driven collectibles with blockchain innovation. The platform partners with Brinks to facilitate global access to Pokémon and trading cards, enabling users to buy, sell, and trade via both crypto and fiat (credit cards) . This partnership, combined with the platform's availability on iOS, Google Play, and the web, positions Fanable to set a "fastest adoption record" for a collectibles product. The funding also supports the development of features that enhance authenticity, liquidity, and community-driven engagement, aligning with broader trends in the Web3 space .

Fanable's growth trajectory is supported by its dual focus on physical and digital collectibles. The platform's ability to seamlessly integrate both formats has attracted a rapidly expanding user base, with transactions doubling month-on-month. Analysts note that the $COLLECT token's deflationary mechanics-such as token burns tied to trading fees-could further stabilize its value and incentivize long-term participation . The Collect Foundation's governance model, which grants token holders voting rights on key decisions, reinforces the project's community-centric ethos.

The funding round and token launch highlight a broader shift in the collectibles market toward decentralized platforms. By leveraging blockchain, Fanable addresses traditional pain points such as fraud and illiquidity, offering collectors verifiable ownership and new revenue streams. The platform's success hinges on its ability to maintain user growth while expanding into new markets, a challenge that the $11.5 million infusion aims to mitigate through targeted development and marketing efforts .

Source: [1] Fanable Gets $11.5M to Power the Future of Pokémon (https://techstartups.com/2025/10/09/fanable-gets-11-5m-to-power-the-future-of-pokemon-collectibles-collect-token-farming-goes-live-now/) [2] Fanable Raises $11.5M to Expand Collectibles Platform (https://phemex.com/news/article/fanable-raises-115m-to-expand-pokmon-and-collectibles-platform-25289) [3] COLLECT Token Farming Campaign Launches on Fanable (https://dapp.expert/news/collect-token-farming-campaign-launches-on-fanable-1760034074-895797)