Fanable's Web3 Gamble: Turning Graded Cards into Digital Gold with $11.5M

Generated by AI AgentCoin World
Thursday, Oct 9, 2025 2:19 pm ET1min read
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Aime RobotAime Summary

- Fanable secured $11.5M in funding led by Michael Rubin and Ripple to expand its Web3 collectibles platform and integrate blockchain-native features.

- The $COLLECT token farming campaign, launched with Collect Foundation, rewards users via decentralized point farming and governance incentives.

- Ethernal Labs' platform enables trading of graded physical cards (via Brinks) and digital collectibles, bridging physical-digital markets with crypto/fiat options.

- The funding underscores investor confidence in merging nostalgia with blockchain, redefining collectibles ownership through tokenized ecosystems.

Fanable, a Web3 marketplace for Pokémon, comic books, and digital collectibles, has secured $11.5 million in funding to accelerate its growth and expand its ecosystem. The capital infusion, led by investors including Michael Rubin (founder of Fanatics), Ripple, Steel Perlot, Polygon, Borderless, and Morningstar, will fuel platform development, global expansion, and the integration of blockchain-native features. The company, based in Kingstown, St. Vincent and the Grenadines, has already achieved over 20,000 sales transactions, with a 100% monthly growth rate, and now aims to bridge the physical and digital collectibles markets.

A key milestone accompanying the funding is the launch of the $COLLECT token farming campaign, initiated in partnership with the Collect Foundation. This initiative introduces community-driven rewards, trading incentives, and future governance opportunities within the Fanable ecosystem. Users can now participate in point farming via points.fanable.io, with rewards distributed through a fair, decentralized model that aligns with Web3 principles. Steve D'Agostino, CEO of the Collect Foundation, emphasized the campaign's role in creating new value for collectors, stating, "The launch of the $COLLECT token farming campaign is just the beginning of how we're creating new value for collectors on Fanable".

Fanable's platform, developed by Ethernal Labs, enables users to buy, sell, and trade both physical and digital collectibles through a seamless interface. The capital will specifically bolster the Pokémon ecosystem, where partnerships with Brinks allow global users to access graded physical cards and trade them via crypto or fiat. The platform's integration with major app stores and its focus on authenticity, liquidity, and community engagement position it as a leader in redefining collectibles ownership.

The funding reflects growing investor confidence in Fanable's vision to merge nostalgia with blockchain innovation. By leveraging the popularity of Pokémon and trading cards with decentralized technology, the company aims to pioneer a new chapter in digital ownership and fandom. The $11.5 million raise underscores the potential of Web3 to transform traditional collectibles markets, offering collectors enhanced utility, security, and participation through tokenized ecosystems.

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Source: [7] TechStartups.com (https://techstartups.com/2025/10/09/fanable-gets-11-5m-to-power-the-future-of-pokemon-collectibles-collect-token-farming-goes-live-now/:~:text=Kingstown%2C%20St%20Vincent%20and%20the%20Grenadines%2C%20October%209th%2C,backing%20to%20accelerate%20growth%20and%20expand%20its%20ecosystem.)

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