OpenSea, the NFT trading platform, is transitioning into a cryptocurrency aggregator following a market downturn and significant layoffs. The platform now facilitates trading of NFTs, meme coins, and other tokens across 22 blockchains. CEO Devin Finzer announced that OpenSea is adopting a "non-custodial" model, foregoing traditional KYC procedures.
OpenSea Transitions to Crypto Aggregator Amid Market Challenges
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