Does Osmo work without wifi?

As a cryptocurrency enthusiast and finance professional, I'm curious to know: does Osmo, a popular platform in the crypto sphere, function effectively without the reliance on wifi connectivity? Given the importance of secure and uninterrupted transactions in the crypto world, understanding the limitations of Osmo's operation in the absence of wifi seems crucial. Is it possible to carry out transactions, manage portfolios, or engage in other critical financial activities on Osmo without a wifi connection? If so, what are the potential limitations and considerations one should be aware of?