Candy is a new digital asset content company building an innovative NFT ecosystem that will change how fans and collectors engage with their favorite sports, music, art, and cultural icons. We have a cutting-edge design team leading a creative studio that collaborates with athletes, artists, and content owners to bring new NFT projects to life. In addition, our unique virtual storefront will provide fans and collectors the opportunity to explore and purchase officially licensed digital collectibles and trade them on a secure secondary marketplace.
Candy is partnering with leading minds in blockchain to develop a new purpose-built NFT ecosystem connected to Ethereum. Our blockchain architecture is 99% more efficient than current Proof of Work blockchain networks, providing a secure, scalable, and sustainable solution for creators and content owners.
Our Board:
Michael Rubin - Founder & Executive Chairman of Fanatics. Co-owner of Philadelphia 76ers. Chairman of e-commerce portfolio company Rue Gilt Groupe, owner of RueLaLa.com, Gilt.com, and ShopPremiumOutlets.com
Mike Novogratz - Founder & CEO of Galaxy Digital. A global thought leader in cryptocurrency/digital asset marketplace. Galaxy is a $6bn Institutional Digital Asset Investment and Advisory Business.
Gary Vaynerchuk - Chairman of VaynerX and the active CEO of VaynerMedia. A world-renowned expert in digital marketing and social media. Leading voice and influencer in the world of collectibles. Social media celebrity with millions of followers across multiple platforms
Candy is partnering with leading minds in blockchain to develop a new purpose-built NFT ecosystem connected to Ethereum. Our blockchain architecture is 99% more efficient than current Proof of Work blockchain networks, providing a secure, scalable, and sustainable solution for creators and content owners.
Our Board:
Michael Rubin - Founder & Executive Chairman of Fanatics. Co-owner of Philadelphia 76ers. Chairman of e-commerce portfolio company Rue Gilt Groupe, owner of RueLaLa.com, Gilt.com, and ShopPremiumOutlets.com
Mike Novogratz - Founder & CEO of Galaxy Digital. A global thought leader in cryptocurrency/digital asset marketplace. Galaxy is a $6bn Institutional Digital Asset Investment and Advisory Business.
Gary Vaynerchuk - Chairman of VaynerX and the active CEO of VaynerMedia. A world-renowned expert in digital marketing and social media. Leading voice and influencer in the world of collectibles. Social media celebrity with millions of followers across multiple platforms
Location: United States, Massachusetts, Boston
Employees: 51-200
Phone: +54 11 6838-4976
Total raised: $100M
Valuation: $1.5B
Founded date: 2021
Investors 4
Date | Name | Website |
06.02.2023 | 10T Fund | 10tfund.co... |
- | Galaxy Int... | galaxyinte... |
06.07.2022 | CAA Ventur... | connectven... |
23.10.2021 | Insight Pa... | insightpar... |
Funding Rounds 1
Date | Series | Amount | Investors |
21.10.2021 | Series A | $100M | Insight Pa... |
Mentions in press and media 14
Date | Title | Description |
29.06.2023 | Gary Vaynerchuk-Backed Candy Digital and Web3 Production Company Palm NFT Studio Announce Merger | Digital collectibles company Candy Digital and Web3 production firm Palm NFT Studio announced a merger on Thursday, bringing the two powerhouse companies together to expand licensed non-fungible token (NFT) projects across sports, entertain... |
19.01.2023 | Sports NFT Firm Candy Digital Raised Over $38M Amid Founder Strife | Sports-focused non-fungible token (NFT) company Candy Digital announced a Series A extension funding round earlier this month but didn’t specify the monetary amount. The news followed media reports that sports merchandiser Fanatics was sell... |
06.01.2023 | Candy Digital Raises Series A1 Funding | Candy Digital, a New York-based digital collectible company, raised an undisclosed amount in Series A1 funding. The round was led by Galaxy and ConsenSys Mesh, with participation from 10T Holdings and ConsenSys. The company intends to use t... |
22.10.2021 | Is former WeWork CEO Adam Neumann preparing his second act? | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Some two years ago, office-sharing company WeWork withdrew its IPO plans after struggling to find... |
21.10.2021 | Candy Digital : Secures $100 Million Investment in Series A Round; Values Company At $1.5bn | Candy Digital, the next generation digital collectible (NFT) company, announced today that it completed a $100 million Series A financing round, which values the company at $1.5bn. The newly raised capital will be used to fund Candy’s conti... |
21.10.2021 | Candy Digital Raises $100M in Series A Funding; Valued At $1.5 Billion | Candy Digital, a NYC-based digital collectible (NFT) company, completed a $100m Series A financing round. The round, which valued the company at $1.5bn, was co-led by Insight Partners and Softbank Vision Fund 2 with participation from Conne... |
21.10.2021 | Fanatics-Owned Candy Digital Raises $100M From Insight Partners, SoftBank | Candy Digital, a non-fungible token (NFT) startup majority-owned by Fanatics, has completed a $100 million Series A financing round co-led by Insight Partners and SoftBank Vision Fund 2 at a $1.5 billion valuation. The startup plans to use ... |
05.08.2021 | Candy Digital To Launch “MLB Stadium Series” NFTS of All 30 MLB Ballparks | Digital collectibles of each iconic MLB stadium designed by renowned artist S. Preston will be up for auction on a weekly basis Candy Digital, the next generation digital collectible company, announced the launch of its next project with Ma... |
08.07.2021 | MLB, Candy Digital will offer World Series ring with Los Angeles Dodgers NFT | Candy Digital, a Fanatics-owned company, will make its second NFT available as part of an licensing agreement with MLB. |
30.06.2021 | MLB Launches Debut NFT of Lou Gehrig's 'Luckiest Man' Speech | Major League Baseball (MLB) has launched its first officially licensed non-fungible token (NFT), commemorating Lou Gehrig's historic "Luckiest Man" speech in 1939. The auction for the NFT commences July 4, the 82nd anniversary of ... |
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