The company enables artists and collectors to create, purchase and resell NFTs via blockchain-enabled transactions.
eBay, an e-commerce giant, has continued its push into digital collectibles by acquiring U.K.-based non-fungible token (NFT) KnownOrigin.
The parties signed the agreement on June 21. In the spring of 2021, eBay allowed users to trade NFTs. Before this, the head of the company, Jamie Lannone, said that the site was considering accepting payments in cryptocurrencies.
Recall that on June 21, Uniswap Labs announced the purchase of a marketplace aggregator of non-fungible Genie tokens.
Solana-based non-fungible token marketplace Magic Eden previously raised $130 million from Electric Capital and Greylock Partners.