Kraken to Close NFT Marketplace Amid Declining Trading Volumes 📉
Kraken has decided to shut down its NFT marketplace due to declining trading volumes and a strategic shift in company priorities. As a result, users will no longer be able to list, bid, or sell NFTs starting from November 27, 2024.
The complete closure of the NFT marketplace is scheduled for February 27, 2025. This move allows Kraken to reallocate resources towards developing new products and initiatives.
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