Pd fullerene composites were first synthesized and studied in the early 90s by for example Nagashima et al. In this study we present a novel and rapid approach to synthesize Pd fullerides based on direct reaction of C60 with Pd2dba3. We show that the Pd fullerene polymer phase forms at temperatures around the melting point of Pd2dba3 (150 °C) and that it proceeds upon further annealing while releasing dba. The synthesis reactions were studied in TGA/DSC. TEM revealed that the material easily collapses under the electron beam into nanoparticles. Under very low doses almost no particles can be found. Similarly, Raman spectroscopy confirmed the formation of Pd fulleride polymers but also supported the collapse of the Pd fulleride phase when irradiated by high laser power. CVD experiments have been conducted on directly coated Si substrates showing similar results to previous reports, namely that Pd2C60 is an efficient catalysts for the growth of helical carbon nanofibers. Our study gives both insights into the formation of nanoparticles as well as the synthesis of C60 polymers. The method is also compatible with direct coating processes making it useful for a broad spectrum of CVD and catalysis applications.