The most popular NFT marketplace Opensea announced on its official blog page that it has acquired Dharma Labs, which produces and develops cryptocurrency wallets.
Founded in 2017, Opensea was highly valued in 2021 with the popularization of the NFT industry. The market value of the company after the last funding round in the past weeks reached $13.3 billion specified.
Opensea did not give much details about its acquisition of Dharma Labs, but in an interview given by an Opensea official to Reuters, the platform they purchased; He said it will help improve the NFT buying, minting and selling experience. Also, Nadav Hollander, CEO of Dharma Labs, Opensea chief technology officer it will be.
Hollander, who previously worked at large companies such as Google and Coinbase, said that Opensea almost overnight, with the great demand in the NFT sector, in 2021. grow 1000 times told.
With this agreement, it is thought that the Dharma application will be discontinued and users will be able to sell NFTs with fiat money in addition to cryptocurrencies.
Dharma, a DeFi lending application that initially allowed him to deposit fiat to trade tokens on Uniswap, is one of the largest wallets holding the UNI token to which he can be entitled under Uniswap management.
Some resources are from Dharma Labs. $110 to $130 million He wrote that it has a value between