Robinhood Draws Private Equity, OpenSea Buys Rally, Metaplanet Eyes Digital Bank

OpenSea has completed the acquisition of Rally, a crypto wallet company, to reinforce its mobile‑first token trading infrastructure. OpenSea anticipates that the deal will streamline wallet integration and provide a smoother trading experience for users across 17 supported blockchains.
Following the acquisition, Rally’s CEO Chris Maddern will become OpenSea’s Chief Technology Officer. Rally co‑founder Christine Hall will join OpenSea as Chief of Staff. Rally’s wallet is known for combining self‑custody, social features, and multi‑chain support with mobile usability.
CEO Devin Finzer stated that the acquisition supports the company’s mission to scale on‑chain activity. “The Rally team shares our vision of a more accessible and delightful on‑chain trading experience for everyone,” he said in a press release.