The Nifty Gateway shutdown has been officially confirmed, with the NFT marketplace set to close on 23 February 2026. Nifty Gateway is a digital collectibles platform owned by Gemini. The company has already placed the platform into withdrawal-only mode. Users can no longer buy, sell, trade, or mint NFTs on the site.
Collectors must now focus on securing their assets before the final shutdown date. The platform will stop supporting all marketplace activity after the deadline.
What the Nifty Gateway Shutdown Means for NFT Holders
As part of the Nifty Gateway shutdown, users must withdraw all NFTs, Ethereum, and fiat balances. Nifty Gateway has confirmed that assets can be transferred to external wallets or connected to Gemini Wallet accounts. The company is sending direct instructions to users by email.
The platform will not offer recovery services once the shutdown is complete. Any assets left behind after February 23, 2026, may become inaccessible. Users are advised to complete withdrawals early to avoid delays.
Nifty Gateway’s Role in the NFT Market
Nifty Gateway launched in 2020 and quickly became one of the most recognisable NFT marketplaces. It gained attention by supporting credit card purchases, making NFTs more accessible to non-crypto users. The platform hosted major NFT drops and partnered with high-profile artists during the 2020–2021 NFT boom.
Gemini acquired Nifty Gateway in 2019 to expand its digital asset ecosystem. Over time, NFT trading activity declined across the industry. Market contraction and reduced demand contributed to the decision behind the Nifty Gateway shutdown.
Industry Impact After the Nifty Gateway Shutdown
The Nifty Gateway shutdown reflects broader changes across the NFT sector. Several platforms have scaled back or closed due to lower trading volumes and shifting user behaviour. The closure highlights a move toward consolidation within the digital collectibles market.
Nifty Gateway will cease all services after February 2026. Users are responsible for completing asset transfers before that date.
