- Arabinda Jena
- Pre IPO
- Hits: 6733
OpenSea walks back on IPO plan following community backlash
By Brian Newar,
OpenSea’s new chief financial officer, Brian Roberts, faced a firestorm of complaints from the NFT community based on what he said was “inaccurately reported” comments.
The world’s top nonfungible token (NFT) marketplace, OpenSea, has denied it intends to pursue a public listing any time soon.
Chief financial officer Brian Roberts sparked a public backlash this week when he told Bloomberg that “it would be foolish not to think about going public.”
The statement caused an uproar among OpenSea’s crypto native NFT community, many of whom see a public listing of the platform as a sellout to large institutional investors. The vast majority of users on OpenSea...
