• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

OpenSea Strengthens its Position: Acquisition of Rally Wallet

user avatar

by Giorgi Kostiuk

7 hours ago


OpenSea, the largest platform for trading tokens and NFTs, has announced the acquisition of the startup Rally Wallet. This move aims to enhance the mobile experience for users and expand the company's functionality.

Acquisition of Rally Wallet

The acquisition was announced on July 8 by Rally co-founder and CEO Chris Maddern, who will now serve as OpenSea’s CTO, with co-founder Christine Hall also joining the leadership team.

Rally, founded in 2021, developed a mobile-first wallet that quickly gained popularity due to its user-friendly interface and community-first philosophy.

Integration Plans

The Rally team will help develop a reimagined OpenSea Mobile experience, which will become the hub for on-chain activity, covering both NFTs and tokens. According to Maddern, the combination of NFTs and tokens will unlock new opportunities for collectors, creators, and traders.

Future of OpenSea in Mobile Sphere

OpenSea is acknowledging Rally's earliest supporters by converting their original NFTs into special reward tokens, Treasures, within the OpenSea ecosystem. This is to recognize meaningful user contributions. As a result of this acquisition, OpenSea aims to improve its capabilities, particularly amid rising demand for mobile platforms.

The acquisition of Rally Wallet represents a strategic step for OpenSea to enhance its mobile platform and improve user interaction. This underscores the company's commitment to evolving its services and adapting to changes in the cryptocurrency market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Trump's Trade Policy and Its Impact on Bitcoin: An Analysis

chest

Escalating trade conflicts in the U.S. lead to Bitcoin's decline. What does this mean for the market and its participants?

user avatarGiorgi Kostiuk

Spot-Perpetual Price Delta Metric May Indicate Bitcoin's Next Move

chest

Analysis of Spot-Perpetual Price Delta on Binance to evaluate Bitcoin's market status and future dynamics.

user avatarGiorgi Kostiuk

Ripple Enhances Compliance with BNY Mellon Partnership

chest

Ripple announces a partnership with BNY Mellon to improve the transparency and compliance of its stablecoin RLUSD.

user avatarGiorgi Kostiuk

US Imposes Sanctions on North Korean IT Workers Infiltrating Crypto Firms

chest

The US has sanctioned two individuals and four entities linked to North Korean IT workers infiltrating crypto companies.

user avatarGiorgi Kostiuk

Top Countries Offering 0% Tax on Crypto Gains

chest

Overview of countries providing tax benefits for crypto investors, including UAE, El Salvador, and Cayman Islands.

user avatarGiorgi Kostiuk

Emirates and Crypto.com: A New Era in Digital Payments

chest

Emirates announces a partnership with Crypto.com for Bitcoin payments integration, aimed at attracting tech-savvy customers.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.