OpenSea has acquired Rally in a strategic move to transition into a comprehensive Web3 trading hub beyond NFTs.
Leadership changes include Rally's CEO taking over as OpenSea's CTO and Rally's co-founder becoming OpenSea's chief of staff.
Rally brings mobile crypto trading expertise and features like real-time tracking, push notifications, social elements, and multi-blockchain support to OpenSea.
The acquisition aims to create a unified app for trading NFTs and tokens across multiple blockchains, providing a mobile-first experience with lower fees and social features.