OpenSea marketplace has acquired Dharma Labs

NFT-marketplace OpenSea bought Dharma Labs, which was the developer of a cryptocurrency wallet that allows you to buy tokens on Uniswap.
OpenSea marketplace has acquired Dharma Labs

The management of NFT-marketplace OpenSea confirmed the acquisition of Dharma Labs. The company is the developer of a web3 wallet that allows you to buy digital tokens on Uniswap for fiat. The purchase will integrate the wallet’s tools and features into the marketplace to simplify NFT management.

Axios announced the deal on Jan. 4. This is a publication from site ​cryptodefix. According to The Block, the deal came out in the $110 million to $130 million range. The official value was not advertised. Dharma Labs CEO Nadav Hollander will take over as CTO at OpenSea.

Mentioned projects

Dharma An Ethereum wallet that is linked to a bank account.
An Ethereum wallet that is linked to a bank account.
OpenSea NFT-marketplace for selling and buying tokens.
NFT-marketplace for selling and buying tokens.

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