• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • TWS, Singapore (July 28-29, 2025)
    • WFIS, Philippines (September 23-24, 2025)
    • Forex Expo Dubai (October 6-7, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
    • Blockchain Futurist Conference, Florida (November 5-6, 2025)
    • WFIS, Indonesia (November 25-26, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

OpenSea hits $13.3 billion valuation, raises $300 million in Series C funding round

January 6, 2022 By Crypto Reporter

The major NFT auction marketplace OpenSea has closed a $300 million Series C round led by Paradigm and Coatue.

The new round of funding brings the start-up’s valuation to $13.3 billion just four years after it was founded.

OpenSea aims to achieve four main targets through funding, including the acceleration of its product development, improvements in customer support, meaningful investment in the NFT and Web3 community and the expansion of its team.

“We’re focused on lowering the barriers to entry for NFTs by introducing features and simplified flows that abstract away the complexity of the blockchain. We’re also accelerating our multi-chain support and prioritizing improvements to help people discover, manage, and showcase their NFTs with better tools, analytics, and presentation,” said Devin Finzer, the co-founder and CEO of OpenSea.

“We are committed to expanding the entire NFT ecosystem. This quarter, we are launching a grant program to give us the opportunity to directly support the developers, builders, and creators shaping the future of the NFT space. Our ambition is to foster the scale and growth of the broader NFT ecosystem including raising the profile of emerging creators and investing in the people who shape the NFT space for the better today,” added Finzer.

Founded in 2017, OpenSea was created as a marketplace for people to buy and sell NFTs, or nonfungible tokens, which are unique pieces of digital code backed by blockchain technology. As crypto-focused start-ups have grown more popular in recent months, OpenSea has become the central place for enthusiasts to trade NFTs. The marketplace saw more than $2.2 billion in transaction volume in December 2021.

Filed Under: General News, News Tagged With: news, NFT, OpenSea

Primary Sidebar

Follow Us

Press Releases

High-Value Investors Shift From Cardano (ADA), Solana (SOL) to Little Pepe (LILPEPE) as Top Analyst Predicts 18,700% Rally

July 2, 2025

Keyrock secures FCA Registration, strengthening UK presence and regulatory credentials

July 1, 2025

Ripple (XRP) Eyes $18 in Next Rally as Little Pepe (LILPEPE) Momentum Accelerates

July 1, 2025

Little Pepe (LILPEPE) Will Outrun Shiba Inu (SHIB) in the 2025 Crypto Bull Market

June 30, 2025

Backed’s xStocks Go Live Today on Bybit, Kraken, and Solana DeFi

June 30, 2025

TWS Conference

Forex Expo Dubai

Merge Madrid

Futurist Conference

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter