OpenSea, an NFT marketplace, recently announced a valuation of $13.3B after raising $300M in new venture capital funding. OpenSea was previously valued at $1.5B in July 2021, after a $100M funding round. The company’s most recent round was led by Paradigm and Coatue. The new capital will be utilized to further develop its platform and expand its audience.
NFT marketplace OpenSea value rises to $13.3 Billion after new funding