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·3 years ago
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Coatue Cuts Value of OpenSea Stake by 90% as Fund’s Returns Sag
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Coatue Cuts Value of OpenSea Stake by 90% as Fund’s Returns Sag

One of OpenSea’s biggest investors has marked down by 90% its stake in the struggling non-fungible-token marketplace, implying that the former crypto darling is now valued at $1.4 billion or less on p

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