On Friday, October 17, CEO Devin Finzer announced via X that Opensea will launch a native token, SEA, in Q1 2026, transitioning from an NFT marketplace to a full-suite on-chain trading platform. In an X space attended by 11,100 users, Finzer outlined OpenSea’s plans for a unified on-chain economy, enabling seamless trading of tokens, art, culture, and digital goods across multiple chains without compromising asset custody. According to Finzer, 50% of the total SEA token supply is allocated to the communi ...

OpenSea, once the face of the NFT boom, has undergone a dramatic transformation as the sector sees trading volumes collapse by more than 90% from their 2021 highs. The NFT marketplace has rebranded itself as a multi-chain crypto trading aggregator, expanding beyond digital collectibles into the wider world of token trading. Under CEO Devin Finzer, OpenSea has pivoted toward becoming a “trade-any-crypto” platform that now supports 22 blockchains. The shift follows one of the sharpest declines in the NFT ...