OpenSea buys DeFi wallet platform Dharma Labs, welcomes new chief tech officer

Non-fungible token market OpenSea acquires crypto wallet firm Dharma Labs in a move that "will be a force multiplier for NFTs and web3 adoption," the company's blog says. Additionally, OpenSea welcomes Co-Founder and CEO of Dharma Labs Nadav Hollander as its new chief technology officer. Hollander's initial mandate at OpenSea will be to improve the technical reliability and uptime of its products, as well as building web3-native mechanisms, the blog reads. Meanwhile, OpenSea Co-Founder and current CTO Alex Atallah will step into a new role where he will oversee the company's web3 and NFT ecosystem development efforts. He will also serve as the company's representative for the NFT Security Group. Publicly traded NFT-related stocks: (BBIG +24.3%), Liquid Media Group (YVR -3.1%), WISeKey International (WKEY -2.5%), Dolphin Entertainment (DLPN -2.7%), Hall of Fame Resort and Entertainment (HOFV -4.8%) and Color Star Technology (CSCW -2.3%). Earlier, this month, OpenSea raised $300M, valuing