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The NFT trading platform Reservoir announced it will cease operations in October 2025.
According to the Gate.io News bot, as reported by Wu, the NFT trading infrastructure platform Reservoir announced in mid-April that it will cease operations for Reservoir NFT, API, and related services on October 15, 2025.
The platform has now closed the registration channel for new users, and existing account users can continue to use the platform services until the suspension date. Reservoir said that it will continue to support the token economy through the Relay Protocol.
It is worth noting that Reservoir raised $14 million in Series A funding led by USV in February 2024.