{"id":53095,"date":"2021-11-18T11:34:17","date_gmt":"2021-11-18T09:34:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53095"},"modified":"2025-09-03T13:19:02","modified_gmt":"2025-09-03T10:19:02","slug":"opensea-plans-a-10-billion-valuation-following-a-funding-round-reports-say","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/opensea-plans-a-10-billion-valuation-following-a-funding-round-reports-say\/","title":{"rendered":"OpenSea plans a $10 billion valuation following a funding round, reports say."},"content":{"rendered":"<p>The OpenSea non-fungible token (NFT) marketplace expects to receive a $10 billion valuation following a new funding round. <a href=\\\"https:\/\/www.theinformation.com\/articles\/nft-marketplace-opensea-offered-10-billion-valuation\\\">The Information<\/a> reports, citing sources.<\/p>\n<p>The valuations are based on the explosive growth in trading volumes on the platform. By August they <a href=\"https:\/\/u1f987.com\/en\/news\/opensea-nft-marketplace-trading-volume-tops-3-billion-since-early-august\">surpassed $3 billion<\/a>.<\/p>\n<p>According to <a href=\\\"https:\/\/dappradar.com\/nft\/marketplaces\\\">DappRadar<\/a>, over its history the metric has surpassed the $11 billion mark.<\/p>\n<p>In July, the NFT marketplace <a href=\"https:\/\/u1f987.com\/en\/news\/nft-marketplace-opensea-raises-100-million-at-a-1-5-billion-valuation\">was valued at $1.5 billion<\/a>.<\/p>\n<p>In November, daily sales on OpenSea <a href=\"https:\/\/u1f987.com\/en\/news\/opensea-daily-sales-double-as-interest-in-bored-ape-yacht-club-surges\">doubled<\/a> due to a surge in interest in Bored Ape Yacht Club.<\/p>\n<p>Earlier OpenSea <a href=\"https:\/\/u1f987.com\/en\/news\/opensea-fires-employee-implicated-in-insider-trading\">fired<\/a> an employee implicated in insider trading. However, CEO Devin Finzer <a href=\"https:\/\/u1f987.com\/en\/news\/opensea-chief-says-former-employee-did-not-engage-in-insider-trading\">refused<\/a> to attribute his actions in that way.<\/p>\n<p>Subscribe to ForkLog news on <a href=\\\"https:\/\/twitter.com\/ForkLog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NFT marketplace OpenSea is expected to receive a $10 billion valuation following a new funding round. The Information reports, citing sources.<\/p>\n","protected":false},"author":1,"featured_media":53096,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[822,1213,1265,1133],"class_list":["post-53095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-marketplace","tag-nft","tag-opensea","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=53095"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53095\/revisions"}],"predecessor-version":[{"id":53097,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53095\/revisions\/53097"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/53096"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=53095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=53095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=53095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}