Dharma Labs News Today

As the market for NFTs continues to soar, tech and non-tech businesses alike are exploring M&A opportunities to prepare for the metaverse and Web3.

OpenSea, the largest NFT marketplace, bought NFT aggregator Gem to serve its more experienced "pro" crypto customers.

OpenSea, which was founded in 2017 and was recently valued at $13.3 billion in its latest round of venture funding, said the deal would help it "dramatically improve the experience of buying, minting, and selling NFTs" on its marketplace.

The NFT industry is moving towards more accessibility as Dharma Labs, is a cryptocurrency borrowing, lending, and digital wallet service that has been recently acquired by OpenSea.

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OpenSea has acquired cryptocurrency borrowing and lending platform, Dharma Labs in a bid to expanding trust, safety, and reliability while investing in NFTs and the Web3 ecosystem and growing its team.

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NFT marketplace OpenSea is putting some of its freshly raised funds to good use, buying up crypto wallet startup Dharma Labs, the company announced today. The announcement follows a report earlier this month in Axios that detailed OpenSea was in talks to buy the startup for between $110 million and $130 million. Dharma’s Ethereum wallet […]

OpenSea announced on Tuesday that it had bought the digital crypto wallet, Dharma Labs for an undisclosed amount.