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Binance Closes Its Centralized NFT Marketplace, Joining Coinbase, Kraken in CEX-Backed NFT Retreat

The world's largest crypto exchange is folding its in-house NFT service into Binance Wallet by July 3, ending the centralized-marketplace bet a year after Coinbase NFT shut down and four months after X2Y2's sunset — a near-complete unwinding of the CEX-backed NFT marketplace category.
Binance Closes Its Centralized NFT Marketplace, Joining Coinbase, Kraken in CEX-Backed NFT Retreat

The world's largest crypto exchange is folding its in-house NFT service into Binance Wallet by July 3, ending the centralized-marketplace bet a year after Coinbase NFT shut down and four months after X2Y2's sunset — a near-complete unwinding of the CEX-backed NFT marketplace category.

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