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NFT, Kraken
Kraken to completely shut down its NFT marketplace in February 2025 – Is this the end for NFTs?
The cryptocurrency exchange Kraken recently announced its plans to completely shut down its NFT marketplace on February 27, 2025. The exchange will also shut down most of the NFT marketplace’s services on November 27,
Kraken Shuts Down Its NFT Marketplace – What Went Wrong?
Kraken, a centralized crypto exchange platform that allows users to buy and sell crypto, has announced plans to close its NFT marketplace.
Crypto Exchange Kraken Shuts Down NFT Marketplace
The crypto exchange Kraken is shutting down its NFT marketplace almost two years after the platform was launched, saying it’s shifting more resources into new products and services.
Just-In: Kraken To Shut Down Its NFT Marketplace
Kraken Exchange has given a 24 hour notice to activate the three month shut-down process of its NFT marketplace
Nike Exits The NFT Market – Shuts Down Its NFT Studio RTFKT
Nike, an American athletic footwear and apparel company renowned for its sneaker, has announced plans to exit the NFT market in January 2025.
Kraken Shuts Down NFT Marketplace Amid Market Downturn
Kraken is shutting down its NFT marketplace by February 2025 to focus on new projects as the the market faces declining interest.
Kraken exits NFT marketplace as OpenSea battles SEC scrutiny
Kraken, one of the largest cryptocurrency exchanges, will close its NFT marketplace to reallocate resources toward upcoming projects. As of November 27, 2024, users will no longer be able to list, bid, or sell items on the platform. The marketplace will fully shut down on February 27, 2025, allowing users only to withdraw their assets.
Nike-Owned RTFKT to Shut Down Operations
The platform shared in a post on X that it will wind down its web3 operations by January of 2025, with plans to launch a new website to preserve its past projects. RTFKT also said it will launch one more drop this month: the MNLTH X featuring the Blade Drop,
Nike’s NFT and Web3 Company RTFKT to Shut Down Amid Declining Market Interest
RTFKT, acquired by Nike in 2021, announces shutdown amid NFT decline, reflecting shifting priorities and challenges in the market.
Why sneakerheads think Nike-owned NFT studio RTFKT shut down
Nike purchased the NFT company RTFKT in 2021. RTFKT, the digital assets and NFT company Nike purchased in 2021, is shutting down. One sneakerhead said he’s surprised the partnership lasted as long as it did,
Nike-owned NFT pioneer RTFKT to shut down operations by January
The virtual sneaker and fashion brand RTFKT will wind down its operations by January 2025 as Nike restructures under new CEO Elliott Hill. However, despite the closure, the brand’s Ethereum tokens will remain accessible to the public.
cryptonews
6d
Kraken Closes NFT Marketplace to Invest in New Products and Services
Kraken will shut down its NFT marketplace, entering withdrawal-only mode on Nov. 27, to focus on new products.
cybernews
19h
Nike closes its NFT company, says it's a “new chapter”
Three years after sporting apparel giant Nike bought the NFT company RTFKT, it’s now closing it down. RTFKT ("artifact") ...
Internet of People
8d
Kraken shutting down its NFT marketplace just a year after its launch
Kraken
will shut down its
NFT
marketplace, transitioning to withdrawal-only mode in Nov. 27. Users can withdraw NFTs ...
sgbonline
17h
EXEC: Nike to Wind Down Digital Sneaker Design and NFT Company RTFKT in January
RTFKT has now announced its plans to wind down operations by January 2025, announcing the news itself via X (fka Twitter).
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