OpenSea rejects pivot from NFTs, says it’s evolving to ‘trade everything’

OpenSea CEO Devin Finzer refuted claims that the company is abandoning NFTs, stating instead that OpenSea is evolving into a universal interface for the entire onchain economy, capable of trading every onchain asset, including tokens and collectibles, seamlessly across multiple chains.

Finzer highlighted that October trading volume exceeded $2.6 billion, with over 90% from token trading, signaling this transformation. The platform aims to unify trading, swaps, and portfolio management across 22 blockchains, simplifying the user experience by eliminating the need for multiple wallets and bridges, positioning itself as an alternative to both centralized and decentralized exchanges where users retain control of their keys.

OpenSea is also preparing a new mobile app before Q1 2026 for easy onchain trading and plans to launch the governance-supporting SEA token in Q1 2026. The roadmap includes perpetual futures and true crosschain abstraction, reinforcing that all onchain assets remain core to their business model.

(Source：Cointelegraph)