Recent rumors regarding a potential acquisition of OpenSea by Pudgy Penguins have been officially denied by the project's leadership. The company is now focusing on expanding their partnerships.
Rumor Denial
The leadership of Pudgy Penguins has denied rumors of an acquisition of OpenSea, emphasizing that no talks have taken place. Beau, the Head of Security at Pudgy Penguins, confirmed this information via Twitter.
Focus on Future Partnerships
While the acquisition rumors have been debunked, Pudgy Penguins is actively looking to expand partnerships with other brands. Beau pointed out that there is no need to focus on a specific acquisition, and it would be more beneficial to find new major brands for collaboration.
Market Stability
It is noteworthy that the acquisition rumors had little immediate effect on the market. Ethereum and NFT prices remained stable, with no financial or market changes observed following the publication of the rumors.
The speculation about Pudgy Penguins acquiring OpenSea proved unfounded, and the leadership's swift denial helped prevent negative repercussions for the market.
