Nifty Gateway has confirmed it will shut down its platform on 23 February 2026 and move immediately into withdrawal-only mode for all users.
The announcement advises customers holding USD balances, ETH holdings, or NFTs to begin the withdrawal process without delay.
Users have been told to follow detailed instructions sent directly to their registered email addresses to move assets off the platform.
The company said the decision reflects a broader strategic shift by its parent firm to streamline product offerings.
Gemini, which owns Nifty Gateway, plans to concentrate resources on building a unified digital asset super app.
The closure marks the end of Nifty Gateway’s role as a standalone NFT marketplace after several years of operation.
Despite the shutdown, Gemini said it will continue supporting NFTs through alternative products within its ecosystem.
NFT functionality will remain available through the Gemini Wallet, which launched in August 2025.
The wallet is positioned as the primary destination for users who wish to retain access to NFT storage and management tools.
Nifty Gateway stated that customer support teams will remain active to assist with withdrawals during the transition period.
Users have been urged to complete all withdrawals before the February 2026 deadline to avoid complications.
The company warned that assets not withdrawn before closure may be subject to additional restrictions or delays.
Customers were also reminded to comply with local and jurisdictional rules governing digital asset custody and transfers.
The announcement acknowledged the contributions of artists who launched collections and built audiences on the platform.
Nifty Gateway thanked collectors for their participation and sNFTupport since the marketplace first opened.
The shutdown reflects wider consolidation pressures across the NFT sector amid declining trading volumes.
Industry observers note that several NFT platforms have reduced operations or closed as market conditions tightened.
Gemini said the move is intended to sharpen execution and deliver a more integrated experience for digital asset users.