Gem.xyz Due Diligence
Run due diligence on Gem.xyz: check compliance and get alerts when suppliers change.
United States · www.gem.xyz · 13 vendors
Gem.xyz is an NFT aggregator platform that allows users to discover and purchase NFTs across multiple marketplaces. The platform helps users save on gas fees and enables payments with various tokens, providing a single interface for NFT enthusiasts.
Resilience scores
- Digital Sovereignty: 85
- Digital Resilience: 7
- Financial Resilience: 4
Technology vendors
- Amplitude — Technology — United States
- Featurebase — Estonia
- QuickNode — United States
- and 11 more
Services catalogue
2 services in catalogue across 1 category; runs on 13 sub-vendors.
- Gem Talent Engagement Platform
- Gem.xyz
Insights
Last updated 2026-07-05 · revision 2
13 direct vendors, 130 subvendors
Direct vendors by controlling owner country (sample)
- United States: 11
- Estonia: 1
- Japan: 1
Subvendors by controlling owner country (sample)
- Israel: 1
- Canada: 3
- Netherlands: 2
Financials
Three-year financials
- 2023:
- 2022:
- 2021:
Financial Resilience Score: 4/10
Gem.xyz is not a standalone reporting entity and has never published financial statements. It was acquired by OpenSea in April 2022 and rebranded as OpenSea Pro in April 2023. Its financial resilience is entirely dependent on its privately-held parent OpenSea (Ozone Networks, Inc.), which also does not publish audited financials. OpenSea raised approximately US$423 million in a Series C in January 2022 at a ~US$13.3 billion valuation led by Paradigm and Coatue, providing a meaningful capital cushion. However, the business faces extreme cyclicality tied to the NFT market, which has contracted more than 95% from its January 2022 peak. Multiple rounds of layoffs at OpenSea (2022, 2023, and 2024) suggest ongoing operating losses and cost pressure. Competition from Blur, Magic Eden, and Tensor has eroded market share, and regulatory scrutiny (including a 2024 SEC Wells notice, later dropped in 2025) adds further uncertainty. Without independent balance sheet visibility, resilience is difficult to assess directly, but the combination of strong parent funding and severe market headwinds yields a moderate-to-weak score.
Key strengths: Backed by OpenSea, which raised ~US$423M Series C in January 2022 at ~US$13.3B valuation, Strong technical product with power-user loyalty in NFT trading, Aggregator model captures activity across the entire NFT market, Rebranded and integrated as OpenSea Pro in April 2023
Risk factors: Extreme market cyclicality — NFT trading volumes down 95%+ from January 2022 peak, Intense competition from Blur, Magic Eden, and Tensor, Regulatory risk including SEC Wells notice to OpenSea in 2024, No independent balance sheet visibility; dependent on private parent OpenSea, Multiple layoff rounds at OpenSea (2022, 2023, 2024) indicate operating losses and cash burn
Revenue by product/service
- Ethereum-based NFT trading: 95%
- Polygon and other chains: 5%
Workforce by country
- United States: 100
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