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Fortune

Ben Weiss

Days after laying off 50% of their staff, OpenSea executives are talking strategy at a $9 million mansion once owned by Katy Perry and Russell Brand

OpenSea Devin Finzer Katy Perry Russell Brand Fortune NFT Slack

OpenSea CEO Devin Finzer (Credit: Rita Franca—NurPhoto/Getty Images)

Devin Finzer, the CEO of OpenSea, announced on Friday that one of the largest non-fungible token marketplaces had laid off approximately 50% of its staff—roughly 100 people.

“We’re reorienting the team around OpenSea 2.0, a big upgrade to our product,” said Finzer in a thread on X (formerly Twitter) about his NFT company, which was once valued at more than $13 billion. “So today, we’re saying goodbye to a number of OpenSea teammates.”

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