HomeSneaker WorldStockX: The Stock Market for Sneakers

StockX: The Stock Market for Sneakers

StockX Campless Dan Gilbert

StockX, the world’s first online consumer ‘stock market of things’ for high-demand, limited edition products launched today from downtown Detroit.

StockX is the world’s first online consumer “stock market of things” for high-demand, limited edition products and features a live marketplace where participants anonymously buy and sell limited edition consumer products (such as sneakers) with stock market-like visibility. The StockX exchange offers buyers and sellers historical price and volume metrics, real-time bids and offers (asks), time-stamped trades, individualized portfolio tracking and analysis, as well as in-depth market analysis and news. StockX launched its inaugural marketplace in the secondary sneaker space with plans to expand to additional consumer product segments that have a natural need for a live secondary market.

In addition to Luber, StockX was co-founded by Dan Gilbert, founder and chairman of Rock Ventures and Quicken Loans and majority owner of the Cleveland Cavaliers. Joining Gilbert and Luber in this early-stage investment is prominent high-tech venture capital firm SV Angel and its founder and co-managing partner, Ron Conway, Detroit Venture Partners (DVP), Ludlow Ventures and Courtside Ventures. The company is expected to announce an expanded investor group consisting of several high-profile entertainers, athletes and prominent figures in the sneaker world over the next few months.

To get a better understanding, visit Stockx.com and let us know what you think of the idea below.

Brian Betschart
Brian Betschart
Founder and Editor of SF, Brian is considered an expert when it comes to sneakers. Collecting since he was in elementary school, his collection has grown to over 500 pairs and counting. Brian has published articles since 2004, and in 2006, he decided to create Sneaker Files.

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