Rumors are circulating that the Pudgy Penguins project team has allegedly acquired one of the largest NFT marketplaces — OpenSea. According to this information, this deal was the reason for the launch of a new platform and the SEA token.
This is reported by Finway
Spread of Rumors About the OpenSea Acquisition
The first to report on the possible acquisition of OpenSea by the Pudgy Penguins team was a user on X (formerly Twitter) under the nickname Cape. He claimed that the deal was made back in December 2024. Cape referenced his own sources and provided several arguments to support this version. In particular, he noted that Luca Netz had previously mentioned acquiring a certain project in December and had repeatedly expressed his intention to buy OpenSea.
Cape also pointed out the change in OpenSea’s rhetoric regarding the release of a token. According to him, the team initially did not plan to launch their own token, but after the alleged sale, their position changed, and in February 2025, the SEA asset was announced. In May, the developers presented a major update to the platform — OpenSea2 (OS2), within which users can accumulate XP points for later exchange for SEA.
Official Position of Pudgy Penguins
Luca Netz, the head of the Pudgy Penguins project, categorically denied the rumors about the acquisition of OpenSea. He stated that this does not align with the development strategy of the collection and the team.
“Pudgy Penguins did not buy OpenSea. Calm down. The scale of things planned for our project is so large that you shouldn’t speculate on a single acquisition. Let’s talk about our partnership with Lufthansa and NASCAR instead, and go find the next big brand for further promotion,” said the project head.
It is worth noting that the Pudgy Penguins team formed a strategic partnership with the airline Lufthansa in June 2025, and a little earlier with NASCAR. This indicates their intentions to expand collaboration with major international brands, while the rumors about the acquisition of OpenSea remain unconfirmed.