TOKYO — A global plunge in the trading of non-fungible tokens (NFTs) is taking its toll on platforms that host the digital assets, with the world’s third-largest marketplace set to soon shut down.
X2Y2 announced it will shut down services at the end of April. The closure is “not a pause or a maybe, but a full stop on X2Y2 as we knew it,” the operator said in a March 31 release.