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Paradigm and Coatue led a $300m Series C funding round in OpenSea.

Synopsis

Paradigm, a fund manager, and Coatue, a global investment manager, led a $300m Series C funding round in OpenSea, an operator of a peer-to-peer marketplace. Existing investors also participated. "We have four goals for this funding: accelerate product development, significantly improve customer support and customer safety, meaningfully invest in the wider NFT and Web3 community, and grow our team," Devin Finzer, OpenSea Co-Founder and CEO.

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