- Nifty Gateway will close on February 23, 2026; the platform is already in withdrawal-only mode.
- Users must withdraw NFTs, ETH, or USD before the deadline via a linked Gemini account or bank transfers through Stripe.
- The marketplace helped mainstream NFT sales and facilitated over $300 million in sales at its 2021 peak.
- Nifty Gateway shifted strategy in April 2024 to focus on on-chain creative projects as Nifty Gateway Studio.
- Gemini said the shutdown will let the exchange sharpen focus on a broader product strategy and will continue NFT support via the Gemini Wallet.
Nifty Gateway, owned by Gemini, said the platform will close on February 23, 2026, and has moved to withdrawal-only mode following an official announcement on X. According to the post, “Today, we are announcing that the Nifty Gateway platform will be closing on February 23, 2026.”
Users with NFTs, ETH, or U.S. dollar balances will receive email instructions and must withdraw assets before the deadline. The platform offers withdrawals through a linked Gemini Exchange account or directly to bank accounts via Stripe.
Launched in 2020, Nifty Gateway helped bring NFTs to mainstream buyers by enabling credit-card purchases and curated drops from artists such as Beeple and Grimes. At the height of the NFT boom in mid-2021, the marketplace facilitated more than $300 million in sales, but activity slowed as the broader market cooled.
In April 2024, the company stopped operating a traditional marketplace and rebranded as Nifty Gateway Studio, shifting toward on-chain creative projects and brand partnerships. Gemini, which acquired the platform in 2019, said the closure will let the exchange concentrate on its wider product plans and continue supporting NFTs through the Gemini Wallet, as Gemini stated: “This decision will allow Gemini to sharpen its focus and execute on the vision of building a one-stop super app for customers.”
Separately, the NFT market showed signs of short-term recovery at the start of 2026 as total market capitalization rose from about $2.5 billion to over $3 billion, and industry moves included Animoca Brands‘ acquisition of Somo to expand playable and tradable collectibles into Animoca’s blockchain ecosystem.
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