According to Businesswire, digital collectibles platform Candy Digital today announced the completion of its A1 round of financing, led by Galaxy and ConsenSys Mesh, followed by 10T Holdings and ConsenSys. Specific financing terms have not been disclosed. Through a new partnership with ConsenSys Mesh and ConsenSys, Candy will accelerate the development of its platform, tools and experience capabilities.

It is reported that Candy Digital will be launched in 2021. Its mission is to develop the fan economy through the development of digital collectibles and experiences. It will continue to expand its flagship digital product business, including ICON trading cards, tickets, etc. Candy Digital was previously reported to be an NFT startup under the sports goods giant Fanatics, but did not mention its relationship with Fanatics in this press release. CNBC reported yesterday that Fanatics is selling 60% of Candy Digital’s shares to Galaxy Digital. It was not immediately clear whether the deal was completed. In October 2021, Candy Digital completed Series A financing of US$100 million, led by Insight Partners and Softbank, with a valuation of US$1.5 billion at the time. At the end of November last year, Candy Digital laid off about 30% of its staff.