PANews reported on October 10th that, according to Chainwire, the Web3 collectibles platform Fanable (developed by Ethernal Labs) has secured $11.5 million in backing from investors including Michael Rubin's Fanatics, Ripple, Steel Perlot, Polygon, Borderless, and Morningstar. Fanable claims to have completed over 20,000 transactions and is experiencing a 100% monthly growth rate, which will be used for platform iteration and global expansion. It has partnered with the Collect Foundation to launch $COLLECT token point mining, which will be used for community rewards, trading incentives, and governance. Fanable has partnered with Brinks to support the global buying and selling of Pokémon and other collectibles cards in both cryptocurrency and fiat currency, across iOS, Android, and the web.