eBay Acquires NFT Marketplace
u.at this time
22 June 2022 13:32, UTC
Studying time: ~2 m
American e-commerce firm eBay has acquired KnownOrigin, one of many high NFT marketplaces, in response to a Wednesday announcement.
The acquisition is a part of the corporate’s “tech-led reimagination,” the press launch says.
Jamie Iannone, CEO of eBay, says that the e-commerce big is trying ahead to welcoming a passionate neighborhood of artists and collectors.
KnownOrigin was launched again in 2018, which makes it one of many oldest markets worldwide. The Manchester-based startup, which was began out of a basement, secured £3.5 million price of funding after finishing its Collection A spherical this February.
As reported by U.Right now, eBay launched its first assortment of NFTs final month.
