Kraken News: Kraken To Close NFT Marketplace

Kraken Unicorn News - November 27, 2024

Kraken has announced the closure of its NFT marketplace, transitioning to withdrawal-only mode as of November 27, 2024, with a complete shutdown planned for February 2025. This decision is driven by declining NFT market volumes and a strategic shift towards new growth areas.

Sources
https://www.pymnts.com/nfts/2024/kraken-to-begin-shutdown-of-nft-marketplace/
https://coinjournal.net/news/kraken-shutting-down-its-nft-marketplace-just-a-year-after-its-launch/

Outline
(00:00:00) Introduction
(00:00:27) Kraken to Shut Down NFT Marketplace

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