KNOWNORIGIN EBAY
eBay acquires NFT marketplace KnowOrigin
eBay, one of the world's leading e-commerce giants, has acquired KnownOrigin, NFT's marketplace, for an undisclosed sum.
KnownOrigin, founded in 2018, has recorded a volume of $7.8 million in its marketplace since its launch.
The press release states that the deal is an "important step in eBay's technological reimagining, ushering in a new era of digital collecting in the world's leading destination for collectibles."
Jamie Iannone, CEO of eBay, said eBay is the first stop for people around the world looking for what is missing from their collections, hard-to-find or unique items.
With this acquisition, eBay intends to remain a leader in this area by adding the marketplace for digital items such as NFTs to its platform.
According to Iannone, KnownOrigin has created a fantastic and passionate group of artists and collectors and this is absolutely in line with the spirit of eBay.
Certainly NFTs, blockchain, and cryptocurrencies are a growing world and will be key for the very near future, the big players, like eBay precisely, continue to invest in them.
Comments