According to ChainCatcher, the Web3 collectibles platform Fanable (developed by Ethernal Labs) has received $115 million in support. Investors include Michael Rubin's Fanatics, Ripple, Steel Perlot, Polygon, Borderless, Morningstar, etc.
Fanable claims to have completed over 20,000 transactions and is experiencing 100% monthly growth, which will be used for platform iteration and global expansion. It has partnered with the Collect Foundation to launch token point mining, which will be used for community rewards, trading incentives, and governance. Fanable has partnered with Brinks to support the global buying and selling of Pokémon and other trading cards in both cryptocurrency and fiat currencies, across iOS, Android, and the web.
