PANews, July 15 news, according to Cointelegraph, as the trading volume of digital collectibles continues to shrink and competition intensifies, the cryptocurrency trading platform OpenSea is expanding its business beyond NFTs. On July 8, OpenSea announced the acquisition of the mobile token trading platform Rally, promoting the expansion of mobile business and strengthening token trading capabilities, aiming to create an 'on-chain fully functional application.' Rally co-founder Chris Maddern now serves as OpenSea’s Chief Technology Officer, stating that this integration will gather the best resources in the crypto field, providing a one-stop service that allows users to access more opportunities, assets, and cultural experiences through on-chain applications. Maddern revealed that the new mobile platform will integrate NFT, token, and DeFi functions, allowing users to unlock greater value from cryptocurrencies simply by opening the OpenSea app. Rally will lay the foundation for OpenSea's mobile experience, and its team’s expertise will support the development of new applications. The combination of the two will build a multi-asset ecosystem, promoting the collaborative development of tokens and NFTs. Additionally, the new application will also integrate AI technology to assist users in secure operations, optimize functionality discovery experiences, and be used in educational scenarios.
