OpenSea acquires Gem NFT Market Aggregator

OpenSea, the chief executive officer of OpenSea, announced that it had purchased Gem NFT marketplace aggregator Gem at an undisclosed cost in a Twitter post on Monday (NYSE:). Devin Finzer is the chief executive of OpenSea. that the company made this move to improve the experience of its more seasoned, “pro” users.

Gem allows traders to purchase NFTs within multiple collections from different marketplaces, in one transaction. This saves money on gasoline. OpenSea has added popular Gem features like its floor-price sweep tool and rareity-based ranking to its platform.

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