cryptobriefing.com
Gemini is winding down its NFT marketplace Nifty Gateway as it shifts focus toward building a one-stop super app for customers.
The digital art platform has entered withdrawal-only mode and will cease operations on February 23, according to a statement issued on Friday. Customers with remaining USD, ETH, or NFT holdings will be notified by email with instructions on transferring assets off the platform.
An OG in the NFT space, Nifty Gateway is home to exclusive NFT drops from top digital artists, musicians, and brands like Beeple, CryptoKitties, and Pak.
“Nifty Gateway was launched in 2020 with the vision of revolutionizing digital art,” the team said in a statement. “We are incredibly proud of the work the Nifty team has pioneered and grateful to Nifty Gateway’s customers and artists for joining us on this journey.”
Gemini acquired Nifty Gateway in late 2019, marking the exchange’s entry into the NFT sector. In early 2023, founders Duncan and Griffin Cock Foster departed the company amid declining NFT trading volumes.
Gemini said it will continue supporting NFTs through the Gemini Wallet, which launched in August 2025.