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NFT marketplace OpenSea offered funding at $10 billion valuation

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The Information reported that OpenSea, the eBay-like NFT marketplace, has received investment approaches that value the company at $10 billion. The startup did not initiate the funding process.

In July, OpenSea raised a $100 million Series B at a reported $1.5 billion valuation led by Andreesen Horowitz. They also led its March $23 million Series A

The company’s NFT sales went from $2.8 million in December 2020, peaking at $3.4 billion in August. In October, the figure was $2.6 billion. It takes 2.5% on all transactions.

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