One of the oldest NFT trading platform which facilitated over $300 million in sales at its peak shuts down

Nifty Gateway, the Gemini-owned non-fungible token (NFT) trading platform central to the 2021 digital art boom, is shutting down on February 23, 2026. Effective immediately, the platform has entered withdrawal-only mode, giving users one month to move any remaining NFTs or funds to a connected Gemini Exchange account or bank via Stripe. Nifty Gateway was notable for simplifying NFT purchases, hosting curated drops with artists like Beeple and Grimes, and accepting credit card payments. At its peak in mid-2021, it facilitated over $300 million in sales. In April 2024, the company had already shifted focus away from marketplace operations to building onchain creative projects under the name Nifty Gateway Studio. Gemini stated the decision allows it to sharpen its focus on its vision for a 'one-stop super app,' confirming that NFT support will continue via the Gemini Wallet.

(Source：CoinDesk)