Ecommerce giant eBay announced that it has acquired the NFT market place platform KnownOrigin, delving into the NFT section.
According to a press release launched on the evening of June 22, eBay acquired the NFT KnownOrigin marketplace platform for an undisclosed quantity.
KnownOrigin co-founder David Moore stated the deal will aid his platform attain a new wave of customers and articles creators as a result of eBay.
one/seven The mission was straightforward: we could establish a new platform that would empower creators and give digital artists the means to make a residing undertaking what they adore. pic.twitter.com/X5zCkJHj1B
– KnownOrigin.io (@KnownOrigin_io) June 22, 2022
eBay has been supporting NFT trading considering that May 2021 and is rumored to be launching a crypto wallet and assistance for crypto payments.
The deal was announced at a time when the cryptocurrency market place is seeing several new mergers and acquisitions. In the NFT section, there is the greatest DEX in Ethereum, Uniswap, which has acquired the NFT Genie market place to present NFT trading abilities quickly, and FTX / Alameda is paying income to “bail out” linked interested lending and investment platforms. to NFTs. the Celsius crisis – Three capital arrows.
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