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Tom Brady’s NFT Startup Gets $170 Million in Silicon Valley Funding

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Autograph, an NFT platform co-founded by professional football player Tom Brady, raised $170 million by Silicon Valley investors Andreessen Horowitz and Kleiner Perkins. 

With the startup being launched in July, Brady has been one of the highest profile advocates from the world of sports and entertainment for cryptocurrencies, donning “laser eyes” – a stealth mark among crypto supporters – on his Twitter profile picture. Last year, Brady launched an NFT collection on his platform that sold out within minutes. 

NFTs, a $44 billion market, have become one of the hottest corners of crypto, drawing interests from celebrities, retailers, and institutions outside of the crypto industry. 

“The company is becoming a magnet for top talent, and I’m delighted to join the board to help Autograph bring exciting new NFT experiences to the mainstream,” Simpson said in a statement. 

For more information, Tom Brady’s NFT Startup Gets $170 Million in Silicon Valley Funding was originally published on Bloomberg by Yueqi Yang and assisted by Lizette Chapman.

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