Devin Finzer, OpenSea’s CEO, has openly expressed the possibility of the company’s acquisition by major corporations in the future, revealing a receptive stance in the NFT marketplace.

Finzer recently stated that OpenSea would entertain the idea of getting involved if the right deal presented itself.

OpenSea CEO Considers Acquisition as a Possibility

A recent report explained OpenSea’s willingness to be acquired by larger firms, aligning with expectations of a bull market this year. Finzer supports the idea, provided the company aligns with OpenSea:

“We think that if the right partnership comes along, then that’s something we should certainly consider…we like to keep our options open.”

As the NFT market is expected to experience significant global revenue growth in the upcoming years, the inclination towards NFT firms receiving acquisition offers is more likely.

According to recent data from Statista, the year-end NFT revenue is expected to reach around $2.38 billion, with a further increase to approximately $3.37 billion by 2028.

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Author: Ciaran Lyons

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