OpenSea NFT platform is ‘open-minded’ towards acquisitions — including its own

OpenSea CEO Devin Finzer told DL News that the NFT marketplace takes an "open-minded approach" to acquisitions, including being acquired, though he said OpenSea has no plans to be acquired and is not looking for a suitor. Finzer said OpenSea has received acquisition interest but declined to say when or from whom, calling the timeline confidential. OpenSea's monthly trading volume has fallen to $171 million, a 96% drop from January 2022, according to Dune Analytics, while rival Blur has overtaken it as the top marketplace. Finzer also said OpenSea laid off half its staff last fall, describing the restructuring as aimed at a leaner team rather than financial pressure.