The newly formed OpenSea Ventures comes weeks after its NFT marketplace parent raised $300m, and it forms part of a surging corporate investment community in the space.
US-headquartered non-fungible token (NFT) marketplace OpenSea has launched a corporate venture capital vehicle called OpenSea Ventures to invest in developers of Web3 technology, the portion of the web revolving around the blockchain.
Founded in 2017, OpenSea operates an online marketplace where users can buy and sell NFTs and other rare and collectible digital items, either through a fixed price or via an online auction.
OpenSea Ventures will target developers of multichain technology in addition to crypto-native infrastructure such as NFT-related…
