HomeNFTOpenSea Raises $23M in Funding

OpenSea Raises $23M in Funding

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OpenSea

OpenSea, a NYC-based marketplace for NFTs, raised $23M in funding.

The round was led by Andreessen HorowitzĀ with participation from Naval Ravikant,Ā Mark Cuban,Ā Tim Ferris,Ā Belinda Johnson,Ā Ben Silbermann,Ā Alexis Ohanian, Balaji Srinivasan, Standard Crypto,Ā Linda Xie,Ā Avichal Garg, Flamingo DAO, 3LAU,Ā RAC, Justin Kan, Andrew Steinwold,Ā Metapurse, Bill Lee, 1Confirmation,Ā Pascal Capital,Ā Blockchain Capital,Ā Regan Bozman,Ā Kevin HartzĀ andĀ Dylan FieldĀ from Figma.

The company is using the funds to continue to expand operations and its business reach, we well as its development efforts.

Led by Devin Finzer, CEO, OpenSea provides a marketplace for for discovering, collecting, curating, and trading NFTs from creators, musicians, artists, influencers, and gamers. Over the last six months, transaction volume on the NFT marketplace has grown over 100x.Ā 

People currently can trade 20 million+ NFTs.

FinSMEs

02/04/2021

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