NFT Platform OpenSea Makes Acquisition

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Non-fungible token

trading platform OpenSea has acquired Rally, the company behind Rally wallet, as it continues its pivot into token trading.

Terms of the acquisition remain undisclosed.

According to a press release shared with CoinDesk, OpenSea’s chief technology officer Nadav Hollander will be handing over the role to Chris Maddern, Rally’s CEO. Rally co-founder Christine Hall will also join OpenSea as the company’s chief of staff.

OpenSea will use the acquisition to strengthen its trading platform, which has been operating across 17 blockchains since it went live to the public in May.

“The Rally team shares our vision of a more accessible and delightful onchain trading experience for everyone,” said Devin Finzer, co-founder and CEO of OpenSea. “We’re excited to bring their passion and expertise to OpenSea as we build the best place to discover, trade, and create onchain, with mobile at the forefront.”

Rally operates…

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