Tiger Global has reduced the value of its interest in OpenSea by 76% to
302
billion from $126.8 million. Based on this calculation, Tiger Global has lowered OpenSea's valuation to
3
billion.
As previously reported, OpenSea announced in January 2022 that it had completed a $300 million Series C round of financing at a post-investment valuation of $13.3 billion, led by Paradigm and Coatue, and participated by Tiger Global and others.
3
billion. As previously reported, OpenSea announced in January 2022 that it had completed a $300 million Series C round of financing at a post-investment valuation of $13.3 billion, led by Paradigm and Coatue, and participated by Tiger Global and others.