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In early January, the marketplace attracted a $300 million investment from Paradigm and Coatue. After that, the platform’s valuation rose above $13.3 billion.
The monthly trading volume of the NFT marketplace OpenSea exceeded $3.5 billion, having updated its historical maximum, follows from the data of the analytical service Dune Analytics. Last month, the indicator reached $3.2 billion. The last time the monthly trading volume of the site set a maximum in August last year was $3.42 billion.
In early 2022, OpenSea raised a $300M investment from Paradigm and Coatue. After that, the marketplace valuation exceeded $13.3 billion. The platform will use the funds raised to create new products, hire employees and improve the quality of user service.
In 2021, the trading volume of NFT tokens exceeded $13 billion. The indicator increased almost 400 times compared to 2020 ($33 million). 88% of NFT trading volume (more than $12.5 billion) this year was provided by the OpenSea marketplace.
OpenSea is one of the largest NFT marketplaces that allows you to create your own non-fungible tokens and sell them. The marketplace was founded in 2017.
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