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Coinbase's plan to get into NFTs is off to a blazing start. 

More than 1.4 million emails signed up for Coinbase's forthcoming NFT marketplace in the few days a waitlist to join was offered, according to the company's website. Few details have been released about the marketplace, though it is expected to launch in late 2021.  

Coinbase's heft as a company will likely allow it to pose the first challenge to NFT marketplace OpenSea, which has dominated the sector this year. In the third quarter, OpenSea processed more than $10 billion in sales.  

In July, OpenSea raised $100 million at a $1.5 billion valuation. 

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