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New Deal


Announced

OpenSea to acquire Dharma Labs.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

NFT

Majority

Payments / Commerce

cryptocurrencies

blockchain

Domestic

Friendly

Single Bidder

Private

Acquisition

Pending

Synopsis

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OpenSea, an online non-fungible token marketplace, agreed to acquire Dharma Labs, a digital wallet for cryptocurrencies. Financial terms were not disclosed. "Our teams share a vision that NFTs will be the cultural focal point of crypto’s adoption for years to come — and that vision can only be realized if using NFTs becomes easy & delightful for the average person," Devin Finzer, Opensea CEO.

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