Gemini is shutting down Nifty Gateway, one of the NFT sector’s earliest and most recognizable marketplaces, in a further sign of the industry’s continued retreat as the prolonged downturn drags on. In a statement on X, Nifty Gateway confirmed the shutdown by stating that the platform had entered withdrawal-only mode on Friday, which meant that people could no longer list, purchase, or sell NFTs. They also added that customers have until February 23, 2026, to withdraw their assets from the platform. Sin ...

Nifty Gateway, the non-fungible token (NFT) trading platform that was once central to the 2021 digital art boom, will shut down on Feb. 23, 2026. Starting immediately, the platform has entered withdrawal-only mode, giving users one month to move any NFTs or funds still on the site, according to an announcement from the company. The website also shows a notice of closing on its homepage. Users can withdraw their funds from the platform through a connected Gemini Exchange account or to their bank via Stripe. ...

Core Viewpoint - Gemini Space Station Inc. (NASDAQ:GEMI) is projected to double in value by 2026, despite recent price target reductions from major financial institutions [1][2]. Financial Performance - In Q3 2025, Gemini reported revenue of $49.8 million, marking a 52% sequential increase, driven by a 45% rise in trading volume and over 100% growth in credit card transaction volume [3]. - Transaction revenue reached $26.3 million, up 26% sequentially, supported by spot trading volumes of $16.4 billion, which increased by 45% quarter-over-quarter [3]. Product Development - Gemini launched the Gemini Wallet, a self-custody smart wallet, and expanded multi-network support, including a Solana edition of the Gemini Credit Card and Solana Staking from Custody for institutions [4]. - Management reaffirmed a medium-term target for Monthly Transacting Users to grow at a CAGR of 20% to 25% [4]. Financial Projections - For the full year 2025, Gemini expects services revenue and interest income to reach between $60 million and $70 million, with sales and marketing expenses projected to total between $45 million and $60 million [4].