OpenSea Argues NFTs Aren’t Securities In Letter To SEC

OpenSea, the online marketplace for non-fungible tokens (NFTs), has formally sought an exemption from regulation under the Securities and Exchange Commission (SEC). In a letter sent to Crypto Task Force Chairman Commissioner Hester M. Peirce on April 9, 2025, the company laid out its rationale source: https://www.thecoinrepublic.com/2025/04/10/opensea-argues-nfts-arent-securities-in-letter-to-sec/