NFT News

NFT Marketplace OpenSea buys Crypto Wallet Dharma Labs

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OpenSea, an NFT marketplace, said on Tuesday that it has acquired Dharma Labs, a cryptocurrency digital wallet, for an unknown sum.

OpenSea, formed in 2017, claimed the arrangement will “dramatically improve the experience of purchasing, minting, and selling NFTs” on its marketplace.

Non-fungible tokens (NFTs) are a form of digital asset found on the blockchain. People are buying artwork and video highlights from sports games as NFTs.

According to DappRadar, sales of NFTs topped $25 billion in 2021, albeit growth slowed at the end of the year.


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