OpenSea Announces Native SEA Token Launch by Q1 2026
OpenSea, the leading NFT marketplace, has confirmed plans to launch its native SEA token by the first quarter of 2026. CEO Devin Finzer revealed the initiative, emphasizing its role in ecosystem growth. The OpenSea Foundation will oversee distribution, with 50% of the total supply allocated to the community—half of which will be claimable at launch.
The tokenomics include a bold revenue-sharing mechanism: 50% of platform fees will fund SEA buybacks, creating a deflationary pressure to support valuation. "$SEA isn't the destination, but it's a crucial moment everyone will be watching," Finzer stated, acknowledging the high stakes of a single token generation event.
Recent metrics show OpenSea's strategic pivot beyond NFTs, with $2.6 billion in October 2025 trading volume—90% driven by token transactions. This expansion positions SEA as a potential liquidity hub for broader digital asset trading.