OpenSea to Launch Native SEA Token by Q1 2026, Allocating 50% of Supply to Community

OpenSea, the leading NFT marketplace, has confirmed plans to launch its native SEA token by the first quarter of 2026. CEO Devin Finzer revealed that the OpenSea Foundation will oversee distribution, with half of the total supply earmarked for community allocation. More than 50% of this share will be available during the initial claim period.

The platform will direct 50% of its revenue toward buying back SEA tokens at launch, a MOVE designed to bolster liquidity and long-term ecosystem growth. "$SEA isn't the destination, but it's a crucial moment everyone will be watching," Finzer stated, emphasizing the significance of the token generation event.

Recent activity shows OpenSea's expansion beyond NFTs, with $2.6 billion in October 2025 trading volume—90% coming from token trades. The platform processed $1.6 billion in crypto transactions and $230 million in NFT deals during the first half of the month, signaling broader ambitions in digital asset markets.