Denver Opensea is one of the hottest blockchain startups in Silicon Valley. It is the largest trading center for digital art, the authenticity of which is mapped on the blockchain via so-called NFTs (non-fungible tokens), i.e. digital property rights.
There was a real hype about art projects like crypto punks and board apes last year, from which classic Silicon Valley investors also want to benefit.
Opensea raised $ 300 million in a new financing round from donors such as Paradigm and Coatue Management. This brings the start-up to a valuation of $ 13.3 billion. In the previous round of financing last July, the start-up was valued at $ 1.5 billion. At the time, Opensea had raised $ 100 million from reputable venture capitalists like A16z.
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