Gemini to Close NFT Marketplace Nifty Gateway in February

Gemini Trust Co., the cryptocurrency exchange owned by Tyler and Cameron Winklevoss, said it will shut down its digital-art-token marketplace, Nifty Gateway, in February.

Users can no longer list, purchase or sell such tokens on the platform, which entered withdrawal-only mode on Friday. Customers must pull their assets by Feb. 23, after which Gemini will continue to support the tokens via the Gemini Wallet, the company said in a statement.

Nifty Gateway is a marketplace for non-fungible tokens, known NFTs, that are stored on blockchain, the technology underpinning crypto. The platform was founded by twin brothers Duncan ...