OpenSea, the largest NFT marketplace, has completed the acquisition of the mobile wallet Rally Wallet. This deal, announced on July 8, aims to enhance mobile capabilities and integrate token trading features.
Goals of the OpenSea Acquisition
The acquisition of Rally Wallet is aimed at enhancing mobile token trading and expanding OpenSea's functionality, including bringing together NFT capabilities, liquidity, and DeFi across 19 blockchains.
Impact on SEA Token
As a result of this deal, an increase in interest in the SEA token is expected along with new functional capabilities. According to Moralis, the current price of the SEA token is $0.00054576 with a market cap of $4.6K.
Community Expectations and Future Plans
The community on Reddit and X expresses optimism regarding the upcoming integration and the potential for enhanced token trading. Key expected milestones include the launch of Rally Wallet in OpenSea Mobile and the possibility of a SEA token airdrop.
The acquisition of Rally Wallet by OpenSea significantly strengthens the mobile features of the platform and promises to enhance user experience in the realm of token and NFT trading.