OpenSea will launch its long-awaited SEA token in the first quarter of 2026, the company’s CEO Devin Finzer announced.
Half of the total token supply will go to the community, with a significant portion distributed through an initial claim. Users with historical activity on the platform and participants in rewards programs will receive separate consideration, Finzer wrote on social media.
The launch comes amid a shift in focus for OpenSea, long known as the largest non-fungible token (NFT) marketplace. The platform recorded over $2.6 billion in trading volume this month, of which over 90% was attributed to token trading.
SEA will be integrated into the core OpenSea experience, Finzer added. Users will be able to stake the token behind their favorite collections or projects, and at launch, 50% of the platform’s revenue will be used to purchase SEA.
The token launch comes more than a year after it was first announced. Since then, speculation about its structure and schedule has increased, including bets placed on prediction markets such as Polymarket.
Finzer’s announcement raised the perceived odds of SEA’s token launch this year from nearly 40% to less than 1%.
Meanwhile, OpenSea has been rolling out new tools, including a mobile app and support for perpetual futures trading, Finzer added.
