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OpenSea remains a leader in the NFT market, continually expanding its platform capabilities and ecosystem influence. Since its 2017 launch, it has grown into one of the most valuable Web3 companies globally.
In January 2022, OpenSea raised $300M in a Series C round led by Paradigm and Coatue Management, reaching a valuation of $13.3B. The funding aimed to scale the team, enhance user support, accelerate product development, and invest in broader Web3 initiatives.