Kraken to close NFT marketplace, shift focus to other projects

Kraken, a leading cryptocurrency exchange, has announced the closure of its NFT marketplace to reallocate resources toward new projects.

Effective November 27, 2024, users will no longer be able to list, bid, or sell NFTs on the platform. The marketplace will fully shut down on February 27, 2025, allowing users only to withdraw their assets.

This decision reflects a broader trend of platforms reassessing their positions in the NFT sector amid declining market interest. Show Less

https://www.theblock.co/post/328383/kraken-to-close-nft-marketplace-shift-focus-to-other-projects?utm_source=twitter&utm_medium=social
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