Coatue Slashes OpenSea’s NFT Marketplace Valuation by 90%: Report
American tech-focused investment manager Coatue Management has reportedly marked down its stake in OpenSea, one of the leading NFT platforms. According to documents reviewed by The Information, Coatue reduced its previously valued $120 million stake in OpenSea to just $13 million during the second quarter of 2023. Based on documents examined by The Information, Coatue […]
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