Gemini is winding down its NFT market Nifty Gateway because it shifts focus towards constructing a one-stop tremendous app for purchasers.
The digital artwork platform has entered withdrawal-only mode and can stop operations on February 23, in accordance with a assertion issued on Friday. Prospects with remaining USD, ETH, or NFT holdings will likely be notified by electronic mail with directions on transferring property off the platform.
An OG within the NFT house, Nifty Gateway is house to unique NFT drops from prime digital artists, musicians, and types like Beeple, CryptoKitties, and Pak.
“Nifty Gateway was launched in 2020 with the imaginative and prescient of revolutionizing digital artwork,” the workforce stated in a press release. “We’re extremely happy with the work the Nifty workforce has pioneered and grateful to Nifty Gateway’s prospects and artists for becoming a member of us on this journey.”
Gemini acquired Nifty Gateway in late 2019, marking the alternate’s entry into the NFT sector. In early 2023, founders Duncan and Griffin Cock Foster departed the corporate amid declining NFT buying and selling volumes.
Gemini stated it would proceed supporting NFTs by means of the Gemini Pockets, which launched in August 2025.
