NFTfi To Shut Down Due To Sustainability Of Operations Due To Shrink NFT Market

Korean Alpha EN (@korean_alpha_en), Jun 11, 2026, 16:37 UTC

NFTfi To Shut Down Due To Sustainability Of Operations Due To Shrink NFT Market NFT loan protocol NFTfi has announced that it will end the NFT market as its potential revenue shrinks to the point where it does not cover operating costs. Since launching in 2020, the platform has supported more than $737 million in loans, suspended new loans, and operations are scheduled to end on August 31, 2026 — link

The excerpt is quoted from a public Telegram channel, which owns its text.

Read the original post on Telegram

More posts from Korean Alpha EN · All channels

FixLane Live vulnerabilities with ready fix prompts