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Pudgy Penguins Deny OpenSea Acquisition and Shift Focus to Brand Alliances

It has launched Pengu Clash on The Open Network, secured partnerships with major global brands, climbed to fifth place in 30-day NFT sales volume.

Pudgy Penguins denies OpenSea acquisition rumors - What's happening? 
Pudgy Penguins

Overview

  • Beau, head of security, dismissed any OpenSea buyout in a direct X post declaring “Pudgy Penguins didn’t buy OpenSea… chill.”
  • Leadership stated that acquisitions aren’t a priority and emphasized growing the brand through strategic alliances.
  • The project forged partnerships with Lufthansa and NASCAR to tap new consumer segments beyond traditional NFT collectors.
  • Pudgy Penguins expanded into physical merchandise with a toy line from PMI Toys and rolled out Pengu Clash, a skill-based Web3 game on TON.
  • CryptoSlam data show the collection secured fifth place in 30-day NFT sales with over $23 million in trades, reflecting a 336% surge in sales.