{"id":23679,"date":"2024-11-26T20:14:13","date_gmt":"2024-11-26T20:14:13","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=23679"},"modified":"2024-11-26T20:14:13","modified_gmt":"2024-11-26T20:14:13","slug":"kraken-closes-its-nft-marketplace-what-led-to-the-shutdown","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/kraken-closes-its-nft-marketplace-what-led-to-the-shutdown\/","title":{"rendered":"Kraken Closes Its NFT Marketplace: What Led to the Shutdown?"},"content":{"rendered":"\n<div>\n<p>Kraken, a prominent global cryptocurrency exchange, has revealed its decision to close its Non-Fungible Token (NFT) marketplace in order to redirect resources towards new projects. From November 27, 2024, users will no longer be able to list, bid, or sell NFTs, but they can still withdraw their assets until the complete shutdown on February 27, 2025.<\/p>\n<h2>Closure of Kraken&#8217;s NFT Marketplace<\/h2>\n<p>The exchange stated that it plans to concentrate on different priorities. A Kraken representative indicated through an email to The Block, \u201cOur choice to end the NFT marketplace allows us to allocate more resources to new products and services, including some currently in development.\u201d Users will still receive support to transfer their NFTs either to Kraken Wallets or to self-custodial wallets.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"zh\">\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240 Kraken \u5ba3\u5e03\u5c06\u4e8e 2024 \u5e74 11 \u6708 27 \u65e5\u505c\u6b62\u5176 NFT \u5e02\u573a\u7684\u4ea4\u6613\u529f\u80fd\uff0c\u5e76\u8ba1\u5212\u5728 2025 \u5e74 2 \u6708 27 \u65e5\u5168\u9762\u5173\u95ed\u5e02\u573a\u3002\u7528\u6237\u76ee\u524d\u4ec5\u53ef\u63d0\u53d6\u8d44\u4ea7\u3002Kraken \u8868\u793a\uff0c\u6b64\u51b3\u5b9a\u65e8\u5728\u5c06\u8d44\u6e90\u8f6c\u79fb\u81f3\u5176\u4ed6\u65b0\u4ea7\u54c1\u548c\u670d\u52a1\uff0c\u5305\u62ec\u5c1a\u672a\u516c\u5e03\u7684\u8ba1\u5212\u3002Kraken \u4e8e 2022 \u5e74 11 \u6708\u63a8\u51fa NFT \u5e02\u573a\u6d4b\u8bd5\u7248\uff0c\u4f46\u7531\u4e8e\u4eca\u5e74\u4ee5\u6765 NFT\u2026<\/p>\n<p>\u2014 \u5434\u8bf4\u533a\u5757\u94fe (@wublockchain12) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/wublockchain12\/status\/1861472095634694370?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">November 26, 2024<\/a><\/p>\n<\/blockquote>\n<p>The NFT marketplace was launched in beta in November 2022, following an announcement in late 2021. This closure occurs amidst a decline in NFT trading volumes. Although some specific collections, such as CryptoPunks, have seen sporadic spikes in activity, the general NFT market has struggled, with weekly trading volumes remaining below $200 million since April 2024.<\/p>\n<p>In its communication to users, Kraken affirmed its dedication to a seamless transition for NFT holders. This decision underscores the exchange\u2019s shift towards innovation in other sectors while the NFT market struggles for resurgence. However, enthusiasts of NFTs view this closure as a setback for Kraken, believing that the NFT market may experience a resurgence in the future.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kraken, a prominent global cryptocurrency exchange, has revealed its decision to close its Non-Fungible Token (NFT) marketplace in order to redirect resources towards new projects. From November 27, 2024, users will no longer be able to list, bid, or sell NFTs, but they can still withdraw their assets until the complete shutdown on February 27, [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":23680,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Kraken Closes Its NFT Marketplace: What Led to the Shutdown? - Bitrabo","description":"Kraken, a prominent global cryptocurrency exchange, has revealed its decision to close its Non-Fungible Token (NFT) marketplace in order to redirect resources t"},"footnotes":""},"categories":[324],"tags":[2777,621,563,2466,4119,807],"class_list":["post-23679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exchanges","tag-kraken","tag-marketplace","tag-nft","tag-reason","tag-shut","tag-whats"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/23679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=23679"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/23679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/23680"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=23679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=23679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=23679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}