PANews reported on July 27 that Pudgy Penguins security director Beau tweeted to clarify: "Pudgy Penguins did not acquire Opensea. Penguin's planned layout is large-scale, and there is no need to speculate on a specific acquisition. Instead of talking about cooperation with Lufthansa and NASCAR, it is better to find the next great brand that Penguin can expand with." It was previously rumored that the company acquired by Pudgy Penguins in December last year was OpenSea.