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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]
(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.
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.
Devin Finzer, the CEO of OpenSea, announced on Friday that one of the largest non-fungible token marketplaces had laid off approximately 50% of its staff—roughly 100 people. “We’re ...
“We need to prepare the company for the possibility of a prolonged downturn,” Devin Finzer, CEO of OpenSea, tweeted on Thursday.
Devin Finzer and Alex Atallah founded OpenSea in December 2017. [1] [2] They were inspired by CryptoKitties, a blockchain-based game featuring non-fungible tokens that had been released earlier that year. [1] [2] Finzer and Atallah believed that OpenSea could be a marketplace for buying NFT tokens like these at scale. [1]
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