OpenSea chief says NFT platform is ‘open-minded’ towards acquisitions — including its own – DL News

Date:

  • CEO Devin Finzer said OpenSea has received acquisition interest, but did not specify when and by whom.
  • NFT player is struggling to find its footing after a rough couple of years.
  • He said Blur has ‘cut corners’ on its way to market dominance.

Stung by the collapse of NFTs last year, OpenSea has had a hard time justifying its onetime $13.3 billion valuation.

Now, the non-fungible token marketplace is at the centre of another conversation — acquisitions.

Devin Finzer, OpenSea’s CEO and co-founder, told DL News this week that the company is keeping an open mind towards deals. That may include being acquired itself.

“The honest answer is that we take a pretty open-minded approach,” Finzer said in an interview. “We think that if the right partnership comes along, then that’s something we should certainly consider.”

Stay ahead of the game with our weekly newsletters

OpenSea vs Blur

Still, Finzer said OpenSea is not actively looking…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...