OpenSea is valued at $10 billion, $3 billion more than Gemini | ССenter – Blockchain and Bitcoin

OpenSea is valued at $10 billion, $3 billion more than Gemini

The valuation of OpenSea's non-reciprocal token marketplace (NFT) could reach $10 billion in a new funding round. That's what The Information reports, citing sources close to the company's funding. For now, OpenSea is in the process of raising investments, which means that the marketplace's final valuation could still change.

Even the reported valuation is already outpacing the Winklevoss twins' regulated cryptocurrency exchange, Gemini. Gemini's valuation could be $7 billion. Now the exchange is preparing to close on $400 million in new funding. According to unofficial information, the exchange plans to spend the money raised to take over startups. It is not specified which ones.

The assessment of OpenSea was not prevented by curiosities previously covered in the media. In mid-October it became known that cybercriminals had learned to "infect" NFTs with the .svg extension on OpenSea.