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Derek Jeter’s Arena Club raises $10m in funding round

Sports trading card platform Arena Club has announced it has raised $10m (€9.5m) in a Series A funding round, doubling the company's total amount raised as it looks to build a fully digital card show.

The funding round was led by investors M13, defy.vc, Lightspeed Ventures, Elysian Park Ventures, and BAM Ventures. The funding will be used for operations and attaining talent, among other operational needs, as the company plans to add more functionality to allow for greater ease of trading by collectors.

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