OpenSea, once the face of the NFT boom, has undergone a dramatic transformation as the sector sees trading volumes collapse by more than 90% from their 2021 highs. The NFT marketplace has rebranded itself as a multi-chain crypto trading aggregator, expanding beyond digital collectibles into the wider world of token trading. Under CEO Devin Finzer, OpenSea has pivoted toward becoming a “trade-any-crypto” platform that now supports 22 blockchains. The shift follows one of the sharpest declines in the NFT ...

By Phoebe Seers LONDON (Reuters) -Britain's financial regulator set out plans on Tuesday to encourage asset managers to "tokenise" their funds on blockchain, in a bid to attract younger investors. Under the proposals, UK asset managers would be permitted to issue crypto tokens representing shares in their funds, using public blockchains such as Ethereum. Until now, tokenisation had been restricted to private blockchains. Tokenisation - the creation of blockchain-based versions of financial assets - has ...