NFT Company Candy Digital Closed Series A1 Funding Round Led by Galaxy Digital and Others

NFT company Candy Digital has closed a Series A1 funding round led by Galaxy Digital and ConsenSys Mesh, with participation from 10T Holdings and others. The exact amount of the funding was not disclosed. The funds raised will be used to expand its platform and form new partnerships with leading brands and agencies.

Candy Digital, which launched in 2021 with the mission of deepening fandom through the development of digital collectibles and experiences, will continue to scale and expand its flagship digital products, including ICON trading cards, Tickets, and Highlights.

Previously, sports platform company Fanatics is selling its 60% stake in NFT company Candy Digital. Fanatics will reportedly sell its stake to a group of investors led by Galaxy Digital.