OpenSea Sets Q1 2026 Launch for SEA Token Amid Surging Trading Volume
OpenSea, the NFT marketplace expanding into broader token trading, has confirmed its SEA token will debut in Q1 2026. The announcement follows February's initial token roadmap reveal, now disclosing that 50% of the total supply will be allocated to community members. Reward distributions began this month, with CEO Devin Finzer framing the token as a catalyst for OpenSea's evolution beyond NFTs.
Trading volume on the platform has surpassed $2.6 billion in October, driven primarily by fungible token activity rather than NFT sales. The shift underscores OpenSea's strategic pivot from its NFT-centric origins to a multi-asset trading platform. Finzer's social media post emphasized this transformation, stating: 'NFTs were chapter one for us.'