Odaily News Crypto exchange Kraken announced that it will close its NFT market on February 27, 2025. After November 27, 2024, users will no longer be able to list, bid or sell items on Kraken's NFT market; they can only withdraw assets. Kraken stated: "We decided to close our NFT market in order to shift more resources to new products and services, including unannounced plans under development. Customers have been informed of these changes, and our team will support them in transferring their NFTs to their Kraken wallets or self-custodial wallets of their choice." Earlier news, Kraken first revealed in December 2021 that it would launch its own NFT market, and launched a beta version in November 2022.