Share this article
EBay Acquires NFT Marketplace KnownOrigin for Undisclosed Amount
The move comes one month after eBay released its debut collection of NFTs.
Updated May 11, 2023, 4:22 p.m. Published Jun 22, 2022, 1:33 p.m.
Make us preferred on Google
E-commerce giant eBay (EBAY) has continued its push into digital collectibles by acquiring U.K.-based non-fungible token (NFT) marketplace KnownOrigin, according to a press release on Wednesday. Terms of the acquisition were not disclosed.
- KnownOrigin was founded in 2018 and has facilitated $7.8 million in trade volume since launch, based on figures presented by DappRadar.
- "With this acquisition, we will remain a leading site as our community is increasingly adding digital collectibles," said Jamie Iannone, CEO of eBay, in a statement.
- Last month, eBay released its debut collection of NFTs in partnership with Tezos- and Polygon-based NFT platform OneOf. It began selling NFTs in in 2021.
- In February, KnownOrigin raised GBP3.5 million ($4.3 million) in a Series A round that was co-led by crypto venture capital firms GBV and Sanctor Capital.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Read more: Coinbase Opens NFT Marketplace to All
Higit pang Para sa Iyo
Higit pang Para sa Iyo
Susquehanna-backed Blockfills up for sale after $75 million lending loss
The Chicago-based company said it was temporarily suspending client deposits and withdrawals last week due to recent market and financial conditions.
Ano ang dapat malaman:
- Blockfills is said to be looking for a buyer after recording at least $75 million in lending losses.
- The firm suspended deposits and withdrawals last amid renewed market weakness, with bitcoin below $70,000 and ether under $2,000.
- The firm transacted over $60 billion in trading volume in 2025.
Top Stories
