Kraken Ends NFT Platform, Is This the End of an Era?
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 27 2024Kraken Shuts Down NFT Marketplace: The cryptocurrency exchange Kraken has announced the closure of its NFT marketplace, ceasing all operations by February 27, 2025, to focus on new projects and services amid a declining NFT market.
User Transition Support: Users will be able to withdraw their assets until the closure date, with Kraken providing assistance for transferring NFTs to wallets during this transition.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
