Eminem, Wale, DJ Skee & More Invest In “Sneaker Stock Market” StockX

blame it on Meka February 18, 2017
StockX CEO Josh Luber.

StockX CEO Josh Luber.

With the success of brick-and-mortar consignment stores such as Flight Club and Stadium Goods, it only makes sense that the idea would make the jump to the online world.

This is where StockX comes in.

Founded by Cleveland Cavaliers owner Dan Gilbert, StockX is “the world’s first online consumer ‘stock market of things'” based in Detroit, MI. The company has now closed a $6 million round of funding from several high-profile investors: Mark Wahlberg, Eminem, Wale, DJ Skee, Scooter Braun, Joe Haden and several others.

“With StockX, we’ve set out to create a unique form of commerce that genuinely doesn’t exist outside the stock market for people learning how to invest in stocks UK in the modern times,” StockX co-founder and CEO Josh Luber says. “We are fortunate to have a unique group of investors – people who have changed the world in their respective fields and who are already helping us do the same.”

StockX, which debuted in February 2016, launched with the focus of tapping into the global sneaker resale market, which is valued at $6 billion. With the investment, the company will expand into other resale avenues such apparel, watches and handbags.