NEW: NFT marketplace opensea said Tuesday it was valued at $13.3 billion in a $300 million funding round led by paradigm and Coatue, according to a New York Times report. zackseward reports
The company was founded by Devin Finzer and Alex Atallah in 2017, well before NFTs had captured mainstream interest.– for a $2 million funding round led by crypto VC firm 1confirmation – called it “an Ebay for CryptoKitties.”
“Devin and Alex have shown true grit over the last four years, weathering uncertainty and sticking to their vision of NFTs as an internet- and world-changing primitive,” Paradigm Managing Partner Fred Ehrsam told CoinDesk via email.in investments flowing into crypto startups in 2021.valued the crypto exchange at a whopping $25 billion.
However, OpenSea may be the king of the NFTs. Dapper Labs, the firm behind NBA Top Shot and the Flow blockchain, nabbed aA request for comment sent to OpenSea was not returned by press time. Katie Haun, until recently a partner at Andreessen Horowitz , participated in the OpenSea round through her new firm, KRH, a spokesperson said via email. It confirms an earlier report Tuesday from tech reporterHaun led both OpenSea’s Series A and Series B in 2021 while she was with a16z and sits on the NFT company’s board of directors.Adds OpenSea’s confirmation and a statement from Paradigm’s Fred Ehrsam.
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