NBA Stars Paul, Love Invest in Sports-Card Marketplace Dibbs

  • Trading platform lets users buy shares of physical cards
  • $13 million round includes NFL’s Hopkins, WNBA’s Diggins-Smith
Chris Paul of the Phoenix Suns goes up for a shot during game five of the NBA Finals on July 17.Photographer: Christian Petersen/Getty Images
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Basketball stars Chris Paul and Kevin Love are part of a group of athletes putting money behind a sports-card marketplace as collectibles gain momentum with investors.

Dibbs, a real-time trading platform that allows users to invest in fractions of physical sports cards through nonfungible tokens, or NFTs, is raising $13 million in funding in a round set to be announced Tuesday. The investment was led by venture firm Foundry Group and joined by Tusk Venture Partners, Courtside Ventures and Founder Collective.