OPENSEA'S SEA TOKEN LAUNCH AND REVENUE BUYBACK PLAN

Summary from the TLDR Crypto newsletter

OpenSea CEO Devin Finzer announced that the platform's long-awaited SEA token will launch in Q1 2026, with 50% of the supply going to OG users and rewards participants, and half of the platform's revenue at launch allocated to token buybacks. The release coincides with OpenSea's pivot into a multi-chain crypto trading hub supporting perps, NFTs, and tokens, alongside a forthcoming mobile app rollout.