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OpenSea’s CEO Says Company Open to Deals, Including Being Acquired  


OpenSea’s CEO Says Company Open to Deals, Including Being Acquired  

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  • OpenSea’s CEO said the NFT marketplace is keeping an open mind toward acquisition deals.
  • The platform continues to trail behind Blur in daily and monthly trading volume. 
  • OpenSea’s CEO alleges Blur is cutting regulatory corners in its operations. 

Devin Finzer, the Chief Executive Officer (CEO) of the NFT marketplace OpenSea, hinted the company is open to being acquired as it looks to retake lost market share and reestablish its dominance, DL News reported. 

According to that report, Finzer mentioned in an interview that the company is open-minded toward deals, including being acquired. “The honest answer is that we take a pretty open-minded approach,” Finzer said in the interview. “We think that if the right partnership comes along, then that’s something we should certainly consider.”

However, the executive maintained that OpenSea is not actively looking for an acquisition nor keeping an eye out for one. Finzer’s statements come amidst a continued struggle by the marketplace to retake lost market shares. 

Prior to losing its control to Blur, OpenSea accounted for about 90% of …

The post OpenSea’s CEO Says Company Open to Deals, Including Being Acquired   appeared first on Coin Edition.

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