NFT Marketplace OpenSea Acquires DeFi Wallet Firm Dharma Labs
Non-fungible token (NFT) marketplace OpenSea has acquired crypto wallet firm Dharma Labs, OpenSea announced Tuesday.The acquisition, first reported as in the works by Axios on Jan. 4, comes just weeks after OpenSea nabbed a $13.3 billion valuation in its latest funding round.As part of the deal, Dharma co-founder Nadav Hollander will become OpenSea’s chief technology officer. Co-founder Alex Atallah had previously been in the CTO role.“[Co-founder] Devin [Finzer], Alex and the entire OpenSea team have shown incredible tenacity and grit over the past four years in taking their original idea for an NFT exchange to where it is today,” Hollander…