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Kraken to Begin Shutdown of NFT Marketplace
- Cryptocurrency exchange Kraken is shutting down its non-fungible token (NFT) marketplace.
- Kraken will transition the NFT marketplace to withdrawal-only mode and completely close it in three months.
- The decision to close the NFT marketplace is to allocate more resources to new products and services.
- Kraken has recently launched other projects, including a joint stablecoin initiative and expansion in the U.S.
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