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Fanable
Web3 marketplace for tokenized physical and digital collectibles
About Fanable
Fanable is a Web3-enabled marketplace, developed by Ethernal Labs, that facilitates the trading and management of both physical and digital collectibles. The company was founded in 2023 and is headquartered in Kingstown, St. Vincent. The platform allows users to send in their graded collectibles, such as Pokémon cards, comic books, video games, and Funko Pops, which are then authenticated, insured, and stored in a secure Brink's vault. Each physical item is digitized and represented by a unique digital token on the blockchain, enabling users to buy, sell, or trade their assets seamlessly through an app without handling the physical item.
The platform's business model revolves around creating a liquid and accessible market for collectibles. Revenue is generated through seller fees ranging from 7-9%, which are lower than many traditional marketplaces. A key feature is the instant Buyback Program, offering users liquidity by allowing them to sell collectibles back to Fanable at 70-90% of their fair market value. Additionally, the original owner of a submitted collectible earns a 2% royalty on all future sales of that item until it is physically redeemed from the vault. The platform supports payments via both cryptocurrency (USDC) and fiat currency through a partnership with Stripe.
In October 2025, Fanable announced it had secured $11.5 million in funding from investors including Michael Rubin (founder of Fanatics), Ripple, Steel Perlot, Polygon, Borderless Capital, and Morningstar. This capital is intended to fuel platform development, global expansion, and the growth of its Pokémon ecosystem. In conjunction with the funding, Fanable partnered with the Collect Foundation to launch a token farming campaign for its new $COLLECT token. This initiative is designed to foster community engagement by offering rewards, trading incentives, and future governance opportunities within the ecosystem.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Oct 2025 | $12M | $46M | Polygon · Michael G. Rubin · Borderless · Morningstar | ↗ |
Growth signals
Latest recorded traffic for Fanable is 3K monthly website visits, up 30.4% over the last three months. Fanable's team grew 100% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
Polygon
Michael G. Rubin
Borderless
Morningstar
Ripple
Steel Perlot
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Fanable on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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