One of the oldest NFT trading platform which facilitated over $300 million in sales at its peak shuts down
Affected assets and topics
NFT
Why it matters
Nifty Gateway, a prominent NFT trading platform, has shut down despite reaching $300 million in sales, shifting its focus to onchain creative projects before deciding to close.
Article tone
Neutral
How the article is written, as reported by the source.
Expected market reaction
Market impact analysis based on bearish sentiment with 80% confidence.
Evidence trail
Evidence
Source
CoinDesk
Claim
One of the oldest NFT trading platform which facilitated over $300 million in sales at its peak shuts down
AI inference
Bearish · 80%
Generated
2026-01-24 16:02
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 36772
Original source
The platform, Nifty Gateway, which once facilitated over $300 million in sales, had shifted its focus to building onchain creative projects in 2024, but will now close.
Read the full article on CoinDesk
Original article published by CoinDesk on January 24, 2026. Analysis and insights provided by AnalystMarkets AI.