‼️ NFT platform Nifty Gateway announces shutdown
📉 Nifty Gateway, the well-known NFT marketplace owned by Gemini, will shut down on February 23 and has advised users to begin withdrawing their funds now.
➡️ In 2021, Nifty Gateway became synonymous with the NFT art boom, hosting landmark sales of works by Beeple and other prominent artists.
However, the NFT sector is now in decline, with total sales in 2025 reaching just $5.5 billion, compared with $50 billion in 2022. As a result, Gemini plans to sell NFTs through its wallets rather than operating a standalone marketplace.