Major Update: Nifty Gateway to Shut Down
Breaking news reveals that the prominent NFT platform Nifty Gateway will officially cease operations on February 23, 2026. The platform has transitioned to a withdrawal-only phase, giving users one month to transfer their NFTs and funds.
Peak Success and Strategic Shifts
At its height, the platform facilitated over $300 million in transactions and played a major role in the digital art and collectibles market. Despite refocusing on on-chain creative initiatives in 2024, the platform ultimately couldn't sustain operations.
Parent Company's Strategic Move
The shutdown allows the parent company to consolidate resources into developing a 'one-stop super app.' Despite the platform's closure, Gemini will continue supporting NFT-related features through the Gemini Wallet.
- Shut down date: February 23, 2026
- Current phase: Withdrawal-only mode
- User action: Transfer funds and NFTs within a month