Kraken has announced the closure of its NFT marketplace, a platform that has been operational for two years. This decision aligns with the company’s strategic shift towards focusing resources on developing and launching new products and services.
The move indicates Kraken’s aim to adapt and innovate in the rapidly evolving cryptocurrency landscape. This restructuring effort is part of their commitment to providing cutting-edge solutions in the crypto industry.
The discontinuation reflects a growing trend among crypto companies who are adjusting their business models to stay competitive and relevant.