eBay, a well-known retail platform, has developed a strong interest in NFTs, leading them to acquire KnownOrigin, an NFT marketplace.
This e-commerce organization hopes to become a leader in the NFT space by providing users with the opportunity to trade their digital collectibles.Â
eBay announced the acquisition with a press release. It disclosed details of the purchase and the opinions of the leaders of both organizations.Â
By acquiring KnownOrigin, eBay is taking a major step into the NFT and digital collectibles space. They aspire to become a market leader in digital collectibles.
The CEO of eBay, Jamie Iannone, stated,
“eBay is the first stop for people across the globe who are searching for that perfect, hard-to-find, or unique addition to their collection, and, with this acquisition, we will remain a leading site as our community is increasingly adding digital collectibles.”
He also stated,
“KnownOrigin has built up an impressive, passionate, and loyal group of artists and collectors, making them a perfect addition to our community of sellers and buyers. We look forward to welcoming these innovators as they join the eBay community. “
KnownOrigin is a dedicated NFT marketplace that displays, sells, and trades various types of NFTs.
David Moore, the co-founder of KnownOrigin, remarked,
“This is the start of a new chapter in the KnownOrigin story, and we couldn’t choose a better time to focus on building and innovating with the team at eBay. This partnership will help us attract a new wave of NFT creators and collectors. “
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