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X2Y2 to shut down NFT marketplace after three years

Summary by The Express Tribune
NFT marketplace X2Y2 will shut down operations on 30 April 2025, drawing the curtain on a three-year run that once positioned it among the top players in the non-fungible token space. The platform’s pseudonymous founder, known as TP, cited the steep downturn in NFT market activity as the core reason behind the decision. Launched in early 2022, X2Y2 gained rapid traction and briefly rose to become the second-largest NFT marketplace by trading vol…

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The Express Tribune broke the news in Pakistan on Saturday, April 5, 2025.
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