Opensea has become the latest non-fungible token (NFT)-focused firm to raise funds this year as the company announced raising $100 million in a Series B this week. The venture capital firm Andreessen Horowitz led the Opensea financing round alongside investors like Kevin Durant, Ashton Kutcher, and Tobi Lutke.

NFT Marketplace Opensea Joins the Blockchain Unicorns, Project Now Supports Polygon

One of the largest non-fungible token (NFT) marketplaces today, Opensea, has announced the company has raised $100 million in a Series B funding round. Additionally, the project also announced it was expanding its features to “cross-blockchain support” and Opensea will start supporting the Polygon blockchain. The funding round led by Andreessen Horowitz (a16z) puts Opensea into the unicorn status of blockchain startups with a valuation of $1.5 billion after the Series B.

NFT Marketplace Opensea Raises $100 Million — Firm Becomes a Blockchain Unicorn

“At Opensea, we believe NFTs are emerging as one of the first…

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Source: https://news.bitcoin.com/nft-marketplace-opensea-raises-100-million-firm-becomes-a-blockchain-unicorn/