OpenSea, the leading NFT marketplace, has announced plans to introduce its own cryptocurrency, the SEA token, in the first quarter of 2026. The announcement was made by Devin Finzer, co-founder of the platform.
In a post on X (formerly Twitter), Finzer highlighted that OpenSea’s trading volume in October 2025 exceeded $2.6 billion, with 90% of transactions involving tokens. He described this milestone as part of OpenSea’s broader transformation into an “all-trading” platform.
“NFTs were just the beginning. In 2021, OpenSea brought mainstream internet users into the blockchain space. The next step is the ultimate goal of the blockchain economy: trading everything—tokens, culture, art, ideas, both digital and physical—all in one place that feels like home, not a bank,” Finzer wrote.
The SEA token is a key component of this vision. Development took longer than expected because, according to Finzer, the token “deserves more than a quick release and being forgotten.”
Upon launch, up to 50% of the token supply will be distributed to the community, including participants in reward programs. Additionally, OpenSea plans to use up to 50% of its revenue for token buybacks during the initial phase. Details regarding the total token supply have not been disclosed.
The SEA token was initially announced in February 2025, but its release has been postponed to ensure a robust and impactful launch.
