eBay (EBAY) has acquired NFT marketplace KnownOrigin. With a presence in more than 190 countries, eBay is one of the world’s major e-commerce companies alongside Amazon (AMZN), Shopify (SHOP), and Alibaba (BABA). Founded in 2018, UK-based KnownOrigin is among the leading platforms for buying and selling non-fungible tokens (NFTs). It competes with the likes of OpenSea, Rarible, Nifty Gateway, and Coinbase (COIN). It has generated $7.8 million in sales since its debut. eBay Gets a Boost in Its Pursuit of NFT Business  Apart from selling regular products, eBay also has a section for trading NFT items. It started selling NFTs in May 2021.
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