Both companies have stated that Gem will continue to operate as a separate platform

OpenSea bought NFT marketplace aggregator platform Gem

26.04.2022 - 11:40

58

1 min

What’s new? The OpenSea NFT marketplace has bought Gem, a marketplace aggregator platform. OpenSea’s blog says that the marketplace will integrate the “best features” of the acquired service. According to the statements of both companies, Gem will continue to operate as a separate platform.

OpenSea’s blog

Details of the deal. OpenSea co-founder and CEO Devin Finzer said that the company recognized the need to better serve professional users, so they will start offering “more flexibility and choice.” The financial details of the deal are not disclosed.

What is Gem? It is an aggregator platform for NFT marketplaces. The service offers a range of services related to non-fungible tokens, including analytics tools, rarity rankings across all marketplaces, and bulk purchases to save on Ethereum fees.

Author:

Vasiliy Smirnov Vasiliy Smirnov

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