OpenSea’s non-fungible token (NFT) platform has closed a $ 300 million Series C funding round led by Paradigm and Coatue.
Announcing Series C! We’re building the friendliest & most trusted NFT marketplace with the best selection across many chains. The funding helps us accelerate product development, improve trust & safety, and invest deeply in the web3 community & ecosystem. https://t.co/OmRPleMCOX
– OpenSea (@opensea) January 5, 2022
OpenSea’s valuation reaches $ 13.3 billion.
The funds raised will be used to improve the quality of customer service, recruit employees, develop products and develop the community.
OpenSea CEO Devin Finzer announced the launch of a grant program to support developers and content creators to popularize the NFT ecosystem.