OpenSea investor marks down stake in platform by 90%: Report
OpenSea’s co-lead investor Coatue Management marked down its investment from $120 million to $13 million. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
OpenSea’s co-lead investor Coatue Management marked down its investment from $120 million to $13 million. Go to Source
Leading non-fungible token (NFT) marketplace Opensea announced the firm has raised $300 million in a Series C funding round led by Paradigm and Coatue. Opensea’s latest capital raise has propelled the company to a $13.3 billion post-money valuation. Opensea Raises $300 Million, Commands Post-Money Valuation of $13.3 Billion In mid-November, a report authored by theinformation.com’s … Read more
On November 17, a report disclosed that the leading non-fungible token (NFT) marketplace, Opensea, is “fielding new investment offers” according to two unknown sources familiar with the matter. The investment could propel Opensea’s valuation by six times to a $10 billion market valuation, according to the sources. Report Claims Opensea Offered a $10 Billion Valuation … Read more