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Candy Digital Confirms Layoffs, Reveals Merger With Palm NFT Studio

  • bhoomisinghal0
  • Jun 30, 2023
  • 1 min read

Candy Digital and Palm NFT Studio have merged in a combination of leading licensed digital collectible providers in sports and entertainment, the companies announced today. The firm will continue under the Candy Digital name. Candy’s incumbent CEO Scott Lawin will remain in the same role, while Palm NFT Studio co-founder and CEO Daniel Heyman will serve as president of the combined company. The merger has been completed, a Candy representative said. Candy Digital confirmed to Decrypt that it laid off employees as part of the process. A source with knowledge of the events told Decrypt that about 30 employees were let go.


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