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In January 2022, OpenSea raised $300 million in new series C funding, propelling the company's valuation to $13.3 billion. [13] In January 2022, Forbes estimated the stakes in OpenSea owned by Finzer and his co-founder Alex Atallah to be worth $2.2 billion each, making them the first two non-fungible token billionaires. [2]
OpenSea is an American non-fungible token (NFT) marketplace headquartered in Miami. The company was founded by Devin Finzer and Alex Atallah in 2017. [1] [2] OpenSea offers a marketplace online allowing for non-fungible tokens to be sold directly at a fixed price, or through an auction.
(Reuters) -The U.S. Securities and Exchange Commission has threatened to sue non-fungible tokens marketplace OpenSea, the company's CEO said in a post on social media platform X on Wednesday.
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During the height of the breakout success of CryptoKitties and the emergence of ERC-721 tokens in 2017, an NFT marketplace called OpenSea emerged to capitalize off of the new non-fungible token standard. [46] It positioned itself early in the NFT market landscape and grew to a $1.4 billion market cap in 2021 during the then-ongoing NFT boom. [47]
The amounts of the promissory notes were $1.2 million for Nunes, $4.9 million for Juhan, and $200,000 for Northwall. The company set aside another $650,000 in promissory notes for other executives ...
Field is an angel investor in venture-backed startups, including OpenSea (founded by Devin Finzer, a friend of Field's from Brown), [12] Loom, [13] Warp, [14] and Netlify. [15] Field is also an NFT collector. Field purchased his first CryptoPunk NFT in January 2018. He later described himself thinking at the time, "this is probably the ...
United States military taking a break as they prepare for a live fire drill to be presented to members of the media in Zambales, Philippine on April 25, 2023.