OpenSea denies IPO plans

OpenSea denies IPO plans

OpenSea, the largest NFT marketplace holding more than 97% of the non-fungible token market, has no plans to go public.

Brian Roberts, the company's new chief financial officer, denied his words after rumors of IPO plans caused a negative reaction in the crypto community.

Earlier in an interview with Bloomberg, Roberts outlined the company's development vectors, among which he noted attracting large investors through a possible entry into the stock exchange. This news has caused a negative reaction from the crypto community, which states that a decentralized company cannot go public. 

Roberts rejected the idea of ​​going public, saying that this is only one of the possible development options. He tweeted:

“Inaccurate reports have been published about OpenSea's plans. There is a big difference between thinking about what an IPO might look like and actively planning. We have not considered plans to enter an IPO, and if we start planning, we will definitely try to involve the community.

Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies

You May Also Like

272021-12-07

Virtual property next door to Snoop Dogg sold for $450,000

Being next to rapper Snoop Dogg in the Sandbox game world cost the new owner $450,000.

NFT
192021-12-06

The first version of Wikipedia was put up for NFT auction

The first version of the popular internet encyclopedia is being offered as a non-fungible token (NFT) at Christie's.

NFT

Latest articles from NFT category