Key Notes
OpenSea CEO Devin Finzer confirms SEA token launch in Q1 2026 with 50% supply reserved for the community.
The SEA token will integrate staking, trading, and on-chain liquidity features across OpenSea’s ecosystem.
The announcement comes as NFT market capitalization declines to $5.2 billion, down from a $25 billion peak in 2021.
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.
OpenSea crossed $2.6B in trading volume this month, with over 90% from token trading.
This is just the beginning of our transformation, from “NFT marketplace” to “trade everything.”
NFTs were chapter one for us. In 2021, OpenSea brought the first wave of ever