Tom Brady’s NFT Startup Raises $170 Million in Fundraising

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The non-fungible token platform, Autograph, co-founded by football star Tom Brady, has announced on Wednesday that it raised $170 million in a company-led fundraising affair. Venture capital firms Andreessen Horowitz and Kleiner Perkins participated in the fundraising.

The startup was launched last year and operated an NFT platform that includes collectibles from celebrities belonging to sports, entertainment, and culture sectors. Its board members are big names like Usain Bolt, Tiger Woods, Tony Hawk, Simone Biles, and Naomi Osaka. The company announced this after six months of fundraising, in which it managed to gather $35 million and was valued at $700 million.

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