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by: xpoolPosted on: April 7, 2025

VK Shuts Down NFT Marketplace Amidst Financial Pressures

Russian social network VK will be shutting down its non-fungible token (NFT) marketplace, VK NFT Hub, on April 15th. This decision comes after a year of financial struggles and a planned $1.36 billion share issuance to address the company’s growing debt burden.

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