PANews November 27 news, according to The Block, cryptocurrency exchange Kraken stated in a statement that the company will close its NFT market to allocate resources for upcoming projects. After November 27, 2024, users will no longer be able to list, bid, or sell items on Kraken's NFT market; they will only be able to withdraw assets. The market will be completely shut down on February 27, 2025.
A representative from Kraken stated: "We have decided to close our NFT market in order to shift more resources to new products and services, including the development of unpublished plans. Customers have been informed of these changes, and our team will support them in transferring their NFTs to their Kraken wallet or a self-custody wallet of their choice."