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NFT Marketplace Blur Set to Raise at Billion Dollar Valuation

Blur, a rival to NFT marketplace heavyweight OpenSea, is set to close a funding round at a billion dollar valuation. 

The startup's valuation climbed to unicorn status in negotiations with investors, according to two people with direct knowledge of the effort. One of those people said Blur initially went out to potential backers in the hope of raising $15 million to $30 million, with a price tag of $700 million in mind, only to see it tick higher as the round became oversubscribed. 

Blur did not respond to requests for comment. 

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NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours

NFT Marketplace Tokens Soar in 2023, and Blur’s Recent Airdrop May Extend the Trend

NFT Market Share Battle Ramps Up Between OpenSea and Blur

Blur Reportedly Finds Loophole in OpenSea’s Blocklist As Marketplace War Escalates

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