Today eBay announced that it bought UK-based NFT marketplace KnownOrigin for an undisclosed sum. The UK-based startup previously raised $3.5 million in February of this year.
“eBay is the first stop for people across the globe who are searching for that perfect, hard-to-find, or unique addition to their collection and, with this acquisition, we will remain a leading site as our community is increasingly adding digital collectibles,” said Jamie Iannone, CEO of eBay. “KnownOrigin has built up an impressive, passionate and loyal group of artists and collectors making them a perfect addition to our community of sellers and buyers.
More than a year ago, NFTs already appeared on eBay and the CEO said it planned to support them. However, eBay took a whole year to drop its first NFT for hockey star Wayne Gretsky on the OneOf NFT platform. That was just last month.
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