Odaily Planet Daily News: Cryptocurrency exchange Kraken announced that it will close its NFT marketplace on February 27, 2025. After November 27, 2024, users will no longer be able to list, bid, or sell items on Kraken's NFT marketplace; they will only be able to withdraw assets. Kraken stated, "We have decided to close our NFT marketplace in order to allocate more resources to new products and services, including undisclosed plans currently in development. Customers have been informed of these changes, and our team will assist them in transferring their NFTs to their Kraken wallet or a self-custody wallet of their choice." Previously, Kraken first revealed plans to launch its own NFT marketplace in December 2021 and went live with a beta version in November 2022.