- Nifty Gateway’s withdrawal-only mode will give its current users until Feb 23, 2026, to move their funds and assets before the total shutdown.
- Gemini is shutting down Nifty Gateway; however, it has launched a Gemini Wallet, a unified platform for on-chain assets and NFT support.
- This closure signals the ongoing slowdown in the NFT market, with platforms moving from NFT models to digital asset services.
Nifty Gateway shutdown will begin on January 24, 2026. This comes as the founders of Gemini place the NFT platform into withdrawal-only mode for users.
The platform has stopped all trading, drops, and auctions, giving users until February 23, 2026, to move their funds and NFTs. Gemini will continue NFT support through its Gemini Wallet, shifting focus toward a single platform for managing all digital assets.
Nifty Gateway shutdown moves platform into withdrawal-only mode
After the official shutdown that starts on January 24, 2026, the platform now supports withdrawals only. Users can no longer buy, sell, or trade NFTs.
Users holding USD, ETH, or NFTs must move assets off the platform. Gemini sends emails with clear instructions for each withdrawal option. Users can transfer assets to external wallets or Gemini products.
In a post on social platform X, the Nifty Gateway company confirmed that withdrawals will remain open until February 23, 2026.
Customer support will remain available during the wind-down period so that users experiencing technical issues can get support.
The platform has permanently ended all NFT drops and auctions. As a result, Gemini has advised users to act early to avoid delays.
No new collections or secondary market listings will appear. Nifty Gateway will not release new features.
Gemini structured the shutdown process to protect user assets. The company emphasized secure transfers and uninterrupted access until the final closure date.
How Nifty Gateway shaped early NFT adoption
Nifty Gateway was launched mainly for curated digital art. The platform gained attention through limited releases featuring high-profile artists.
It allowed users to purchase NFTs using credit and debit cards. This feature lowered entry barriers and attracted non-crypto native collectors.
The platform operated a custodial omnibus wallet system. Nifty Gateway managed private keys on behalf of users. Internal transactions avoided gas fees.
Its marketplace supported peer-to-peer NFT trading where artists earned royalties on every resale. In 2022, Nifty Gateway partnered with Samsung to enable users browse, buy, and display NFTs directly on compatible televisions.
The most notable boom on the platform was during the 2021 NFT boom. Market activity later declined as trading volumes and user interest dropped.
Major NFT collections lost most of their peak valuations. As demand slowed, NFT-only platforms faced increasing operational pressure.
Gemini shifts focus as the NFT market evolves
The Nifty Gateway shutdown supports Gemini’s broader platform strategy that aims to build a single application for digital asset management.
Gemini launched the Gemini Wallet, a self-custody product that supports NFTs, tokens, and decentralized applications.
Gemini also introduced the Gemini Onchain Dashboard at onchain.gemini.com. The dashboard provides visibility into holdings, apps, and on-chain activity.
Key features include passkey onboarding, sponsored gas fees, and ENS subdomains. Gemini designed the wallet to simplify on-chain access.
Gemini shared details of this transition in an official post. The company confirmed that NFT support will continue through Gemini Wallet.
This strategy mirrors trends followed by other participants, such as OpenSea who shifted away from an NFT-only model.
OpenSea reported that token trading now drives most platform volume. The company plans a new mobile app and a SEA token launch.
These changes show how digital asset platforms continue to consolidate services. The Nifty Gateway shutdown reflects this ongoing market transition.