Currently macOS Ventura is required to be able to select, copy, and click links in text captured by Rewind.
You can directly select and highlight / copy any text captured by Rewind.
You can also zoom into text captured by Rewind by holding shift on your keyboard and dragging. You'll then get an option to click on "Copy All". Use command + V to paste!
If Rewind captured any links on your screen, clicking on them will automatically launch you into that link and Rewind will close. To learn more, check out: What is deep linking and which apps are supported?