Photo: Unsplash / Emilio Garcia

Sports investment platform Tradar secures 4 million euros

The Munich-based startup Tradar has raised €4 million in a new funding round. A group of business angels and investors from the football and sports industry is leading the investment.

The first European Neo-Sports broker thanks the Tradar expressly to the financiers of the successful financing round:

"We sincerely thank our investors for their unwavering trust and belief in Tradar. Their support enables us to push the boundaries and revolutionize the sports investment market by giving fans a unique opportunity to actively own their favorite games and players."

The Tradar app gives fans the opportunity to invest in digital assets in the form of tokens. The app is based on the Blockchain technology and, together with a German-regulated securities institution, offers a secure and transparent trading platform where fans can trade player tokens in real time. Each token represents a professional footballer from licensed partner clubs. The app is currently still in beta. Users can already purchase player tokens from Bayer 04 Leverkusen, TSG Hoffenheim, FC Schalke 04, and VfL Wolfsburg. Additional German professional clubs will follow at the start of the 2023/2024 Bundesliga season.

With this funding, Tradar aims to accelerate its mission to advance the future of sports investing.

“We will improve our platform, expand our reach, and provide an engaging user experience.”

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