OpenSea Acquires Rally Wallet to Enhance Mobile and Token Trading Capabilities

On July 8, according to The Block, NFT trading platform OpenSea announced today that it has acquired Rally, a company that developed the Rally wallet and a mobile-first web3 application experience. The acquisition is intended to strengthen OpenSea's presence in the token trading space, as the platform already supports token trading across 19 blockchains. [Deep Tide TechFlow]