eBay and KnownOrigin didn’t disclose the phrases of the acquisition.
World e-commerce platform eBay Inc. (Nasdaq: EBAY) has introduced its acquisition of main NFT market KnownOrigin.
In response to a press announcement printed on Wednesday, eBay’s deal to accumulate KnownOrigin was signed and closed as of June 22, 2022. The businesses didn’t disclose the sum of money concerned.
eBay mentioned that the acquisition marks an important step in its tech-led re-imagination, with the event set to make it the world’s high vacation spot for digital collectibles.
Jamie Iannone, CEO of eBay added:
“KnownOrigin has constructed up a powerful, passionate and dependable group of artists and collectors making them an ideal addition to our group of sellers and patrons. We sit up for welcoming these innovators as they be part of the eBay group.”
KnownOrigin is a UK-based NFT platform based in 2018, and has change into one of many largest locations for artists and collectors. However, eBay began permitting its prospects to purchase and promote NFTs in Could 2021.
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