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2Bullish
Mar 5
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NFT out Bitcoin in
2Bullish
Nov 27
Kraken's decision to shut down its NFT marketplace marks a significant shift in the company's focus and a reflection of the challenges within the NFT space. Launched in December 2022, Kraken's NFT marketplace aimed to attract users with unique services like custody solutions and the ability to use NFTs as collateral. However, the broader NFT market, still reeling from the crypto bear market of 2022, hasn't bounced back as strongly as anticipated. Despite a recent uptick following pro-crypto m...
Collect
NFT out Bitcoin in
2Bullish
Nov 27
Kraken's decision to shut down its NFT marketplace marks a significant shift in the company's focus and a reflection of the challenges within the NFT space. Launched in December 2022, Kraken's NFT marketplace aimed to attract users with unique services like custody solutions and the ability to use NFTs as collateral. However, the broader NFT market, still reeling from the crypto bear market of 2022, hasn't bounced back as strongly as anticipated. Despite a recent uptick following pro-crypto m...
Collect