Well-known NFT marketplace giant OpenSea announced the completion of a $ 100 million series of B-funding and joined the officially encrypted unicorn track.

Reportedly, the financing was led by private equity firm Andreessen Horowitz (a16z). Other investors include hedge funds and private equity firm Coatue, former Disney President Michael Ovitz, Eventbrite founder and chairman Kevin Hartz, Figma Dylan Field CEO and founder, famous NBA star Kevin Durant, American actor Ashton Kutcher and founder and CEO Shopify Tobi Lutke.

The funding did not reveal the purpose. However, the company stated that its direct mission is to provide the best market for the establishment and establishment of the NFT and to help create systems and standards that can transform all forms of digital wealth into a truly ownership and freely exchangeable form, stating that:

“OpenSea’s broader mission is to transform the Internet from a data transfer machine to a value transfer machine.”

According to a Forbes report, funds bred This time is used to develop the team and create multi-chain support, as well as provide a smoother experience for customers.

The OpeaSea team said that the notification:

“We’re officially announcing cross-border chain support, starting with a gas-free marketplace in the Polygon blockchain. Buyers will no longer have to pay blockchain fees when making transactions on OpenSea, and content providers can earn their way to encryption for the first time.”

Round B funding is the largest funding. The Peer-to-Peer (P2P) Peer-to-Peer (NFT) Peer-to-Peer (P2P) marketplace is valued at approximately $ 1.5 billion, becoming the latest cryptographic unicorn, suggesting an estimate of less than 10 years for $ 1 billion technology entrants stock market.

Well-known cryptocurrency mining giant Bitmain in the United States and the recently completed $ 900 million cryptocurrency exchange FTX financing, etc. are currently well-known cryptocurrency unicorn companies.

This is not the first time Andreessen Horowitz has invested in OpenSea. On March 18, OpenSea, a major digital marketplace for cryptographic products, completed an investment led by a16z with a total value of $ 23 million.

So far, OpenSea has raised $ 127.2 million in funding in 5 rounds, including this round.

Image source: Shutterstock



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