eBay Acquires NFT Marketplace
American e-commerce company eBay has acquired KnownOrigin, one of the top NFT marketplaces, according to a Wednesday announcement.The acquisition is part of the company’s “tech-led reimagination,” the press release says.Jamie Iannone, CEO of eBay.
KnownOrigin was launched back in 2018, which makes it one of the oldest markets worldwide. The Manchester-based start-up, which was started out of a basement, secured £3.5 million worth of funding after completing its Series A round this February. Iannone has repeatedly mentioned that the company was exploring cryptocurrency payments, but the San Jose, California-based company is yet to adopt them.
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