M13 has led a $10 million Series A investment in Arena Club, a platform that modernizes the trading and collecting of sports cards by merging physical and digital experiences.
Information on the Target
Arena Club is an innovative platform that transforms the trading and collection of sports cards by offering the first-ever online card show experience. This unique platform serves as a bridge between the physical and digital realms of sports collectibles, allowing consumers to engage in buying, selling, trading, and displaying cards in an immersive environment.
By incorporating advanced technology and social experiences, Arena Club reimagines traditional card shows, making the process more accessible and enjoyable for both seasoned collectors and newcomers alike. The platform utilizes blockchain technology to ensure verification and transparency, promoting trust among users and enabling quicker transactions.
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Industry Overview in the Target's Specific Country
The collectibles market in the United States has seen tremendous growth, valued at approximately $400 billion. With the rise of technology a
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M13
invested in
Arena Club
in 2023
in a Series A deal
Disclosed details
Transaction Size: $10M