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OpenSea Valued at $1.5B 🏄‍♀️

NFT marketplace OpenSea completes an impressive $100M Series B raise!
OpenSea Valued at $1.5B 🏄‍♀️
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Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles

Dear Bankless Nation,

I’ve been binge watching episodes of Shark Tank lately, and to me one of the most interesting parts of the show is watching the entrepreneurs and the investors negotiate on valuations.

That said, when I saw NFT marketplace OpenSea announce it had raised $100 million at a $1.5 billion valuation in a Series B raise, my jaw dropped a little.

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William M. Peaster

Written by William M. Peaster

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William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he writes the Metaversal newsletter on the onchain frontier, covering everything from AI projects to crypto games, as the team’s lead NFT analyst. With a background in creative writing, he writes fiction and publishes art on Ethereum in his free time.

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