According to TechFlow, the Chosun Ilbo reported that NAEMO Market, the NFT trading platform of Bithumb Meta, a metaverse company under Bithumb, will shut down its services on June 30.

Nemo Market was previously launched in August 2022. NAEMO Market has effectively ceased operations since the end of last year.

Bithumb Meta is laying off most of its employees, including the main developers of Nemo World, and is undergoing a restructuring.