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 line with a press release issued on Friday. Clients with remaining USD, ETH, or NFT holdings will likely be notified by e mail with directions on transferring property off the platform.
An OG within the NFT area, Nifty Gateway is residence 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 group mentioned in a press release. “We’re extremely pleased with the work the Nifty group has pioneered and grateful to Nifty Gateway’s clients 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 mentioned it’s going to proceed supporting NFTs by the Gemini Pockets, which launched in August 2025.
