According to Cointelegraph, as digital collectible trading volume continues to decline and competition intensifies, the crypto trading platform OpenSea is expanding its business beyond Non-Fungible Token (NFT) domains.
OpenSea previously announced the acquisition of Rally, a mobile-focused token trading platform, aimed at advancing its mobile device layout and enhancing token trading capabilities. OpenSea stated that it will create an "all-chain integrated application" to provide users with a brand new experience.
Chris Maddern, Rally's co-founder and current OpenSea Chief Technology Officer, said this move will integrate "the best resources in the crypto field" and bring everything together on one platform. The vision for this new mobile Non-Fungible Token platform is to create a "one-stop" application for crypto community members, where users can find everything they need. The application will integrate Non-Fungible Tokens, tokens, and DeFi functions.
