Super Bowl winner Tom Brady’s nonfungible token (NFT) marketplace Autograph has finished a $170 million fundraising round.
Autograph announced on Wednesday that a16z and Kleiner Perkins co-led the $170 million Series B investment, with contributions from crypto investor Katie Haun’s business, Nicole Quinn of Lightspeed Venture Partners, and San Francisco-based venture firm 01A. The business plans to utilise the funding to scale its NFT technology and to increase its user base through partnerships.
Also joining Autograph’s board are Haun, a16z general partner Arianna Simpson, and Kleiner Perkins partner Ilya Fushman. They said Autograph will keep pushing for general acceptance of cryptocurrencies and NFTs.
Autograph has teamed with big figures in sports and entertainment since August 2021, frequently for NFT collections. Brady released a series of digital memorabilia in December, including cleats and a jersey from the NFL combine. The marketplace also has NFTs from Naomi Osaka and Tony Hawk.
Andreessen Horowitz has backed some of the biggest crypto and blockchain fundraising rounds, as well as its own crypto-focused funds aimed at increasing blockchain project scale and marketability. Among its clients are Coinbase, Compound, Maker, and others.
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