Odaily Planet Daily News Pudgy Penguins security director Beau responded to the rumors by saying: "Pudgy Penguins did not acquire Opensea...Calm down.

The scope of our plans for Penguin is much larger than you would expect from an acquisition. Rather than speculate, let’s talk about our partnerships with Lufthansa and NASCAR and help us find the next great brand to expand with.”

Earlier news, Pudgy Penguins CEO Luca Netz revealed that he had acquired a company in December last year, and the crypto community generally speculated that it was OpenSea.