The trading platform Ebay is buying the crypto exchange KnownOrigin. After looking around the crypto market last year and already enabling crypto trading, Ebay is now buying a trading platform that, although rather small in terms of trading volume at around US$7.8 million compared to OpenSea at US$30.43 billion, it hopes to gain much better access to the crypto and NFT market and thus compete with OpenSea in the long term. Nevertheless, the company hopes to gain much better access to the crypto and NFT market and thus compete with OpenSea in the long run. An interesting move by the group, which now seems to want to focus even more on crypto.
