Tom Brady, Kevin Durant, Giannis Invest in Alt

<p>Alt&comma; which lets users invest in trading cards like stocks&comma; has raised a &dollar;75 million Series B round from pro athletes including superstars Tom Brady&comma; Kevin Durant and Giannis Antetokounmpo&period;<&sol;p>&NewLine;<p>AngelList Co-Founder Naval Ravikant and Accomplice Co-Founder Jeff Fagnan ignited the round via Spearhead&comma; a program that gives seasoned founders a first fund to angel invest&comma; and who believe that the best investments come from founders directly&period; Alexis Ohanian’s fund Seven Seven Six also participated&period;<&sol;p>&NewLine;<p>In addition&comma; Vibe Capital&comma; Breyer Capital&comma; Shrug Capital&comma; Apollo Group&comma; Hyperguap&comma; A&ast;&comma; Packy McCormick&comma; Todd Goldberg and Rahul Vohra&comma; and Julian Shapiro were investors&period;<br &sol;>&NewLine;‍<br &sol;>&NewLine;Professional athletes Tom Brady&comma; Candace Parker&comma; Giannis Antetokounmpo&comma; Alex Morgan&comma; and Marlon Humphrey join existing investors Kevin Durant&comma; Larry Fitzgerald&comma; and Kelvin Beachum&period;<&sol;p>&NewLine;<p>Leore Avidar&comma; our founder and CEO&comma; says&OpenCurlyDoubleQuote;As pioneers in the alternative asset space we wanted to do something innovative with our own cap table that felt authentic to what we’re building&period; We’re really excited to partner with some of the industry’s best operators and globally-recognized athletes&comma; to make Alt the destination where culture and finance connect&period;”<&sol;p>&NewLine;<p>Alt is envisioning a world where anything is an investable asset&period; Using trading cards&comma; Alt is establishing a proof of concept to create financial products that traditional financial institutions don’t support or recognize as collateral&period; Over the next few years&comma; the company plans to roll out to other asset classes to support everything from trading cards&comma; watches&comma; NFTs and even LP interests&period; Users can transact securely on Alt&&num;8217&semi;s Exchange and see how much your portfolio is worth with their real-time valuation model&comma; Alt Value&period;<&sol;p>&NewLine;<p>Since launching earlier this year&comma; Alt customers have added over &dollar;200 million of assets to their portfolios&comma; &dollar;70 million of assets are custodied in the company&&num;8217&semi;s physical Vault&comma; and the Exchange has experienced 30&percnt; MoM growth in GMV&period; In September&comma; the company launched <a href&equals;"https&colon;&sol;&sol;app&period;onlyalt&period;com&sol;liquid-auctions" target&equals;"&lowbar;blank" rel&equals;"noopener">Liquid Auctions<&sol;a>&comma; providing instant liquidity and asset transfer for hundreds of curated assets at auction&period;<&sol;p>&NewLine;