Kraken has announced that its NFT marketplace is set to transition to a withdrawal-only mode starting on November 27, 2023. Customers will have until February 27, 2025, to complete their withdrawals before the platform is fully closed. The decision is part of Kraken's strategic shift to focus attention on other initiatives.
The shift in focus signifies Kraken's reallocation of resources toward other projects, though specifics of these projects were not disclosed. This move aligns with current trends in the cryptocurrency space where companies are reassessing their priorities amid changing market dynamics.
Source : www.theblockcrypto.com ↗
