On November 17, a record revealed that the leading non-fungible token (NFT) marketplace, Opensea, is “fielding new investment offers” according to 2 unidentified resources aware of the issue. The financial investment might push Opensea’s valuation by 6 times to a $10 billion market valuation, according to the resources.
Report Claims Opensea Offered a $10 Billion Valuation
During the initial week of November, the prominent NFT marketplace Opensea went beyond $10 billion in all-time sales, according to data from dappradar.com. At the moment of creating, dappradar.com metrics show Opensea’s all-time sales relate to $11.11 billion today.
Now, according to a record released by theinformation.com’s Kate Clark and also Berber Jin, Opensea is fielding brand-new financial investment deals and also a brand-new financial investment might make the firm’s market valuation increase to $10 billion.
The 2 resources informed Clark and also Jin that the NFT marketplace did not “initiate” the funding as individuals aware of the issue emphasized, “investors are clamoring for a piece of the startup.”
The fundraising reports adhere to the firm’s latest Series B fundraising round in July. Opensea elevated $100 million in a round led by Andreessen Horowitz and also popular investors like Tobi Lutke, Kevin Durant, and also Ashton Kutcher. The Series B round pushed the firm to unicorn standing with a valuation of $1.5 billion after the funding raising.
Opensea Volumes Slide Month After Month Since August
The 2 resources originating from theinformation.com’s content did not divulge the investors that are apparently shouting to purchase Opensea. The resources did state the size of sales Opensea saw this summertime was the factor behind the companies seeking an item of the NFT marketplace. However, because August, metrics from Dune Analytics show that quantities have actually slid reduced month after month.
Opensea sustains the Ethereum blockchain and also Polygon blockchain and also on November 17, the firm presented the Opensea mobile applications for Android and also iphone. Opensea’s everyday quantity in ethereum (ETH) dipped via the month of October, while Polygon quantities have actually increased. Ether sales quantity on Opensea has actually kicked up a notch throughout the 2nd week of November.
What do you consider the resources that state Opensea is fielding financial investments and also could enhance its valuation by 6 times? Let us understand what you consider this topic in the remarks area listed below.
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