Foundation Shuts Down NFT Marketplace After Failed Sale

Foundation NFT Marketplace Shuts Down After Blackdove Acquisition Collapses

The post Foundation NFT Marketplace Shuts Down After Blackdove Acquisition Collapses appeared on BitcoinEthereumNews.com. Rongchai Wang Apr 17, 2026 10:58 Foundation, the Ethereum NFT platform behind $230M in artist sales including Edward Snowden’s $5M piece, closes permanently after failed Blackdove deal. Foundation, the invite-only Ethereum NFT marketplace that facilitated over $230 million in primary sales during the 2021 boom, is permanent…

Digital Art NFT Marketplace Foundation Closes After Failed Acquisition in Early 2026

Foundation, the Ethereum-based non-fungible token ( NFT) marketplace that processed roughly $230 million in primary digital art sales since its 2020 launch, has shut down for good after a planned acquisition by display technology company Blackdove fell apart less than three months after closing. Key Takeaways: Kayvon Tehranian confirmed Foundation’s permanent shutdown on April 15, […]

Foundation NFT shuts down after Blackdove sale fails with 230 million dollars processed - The Cryptocurrency Post

The Foundation platform announced its permanent closure this Wednesday after the collapse of acquisition negotiations with the firm Blackdove. Kayvon Tehranian, founder of the Ethereum-based marketplace, confirmed that it is no longer possible to maintain the infrastructure operational under the planned new management. Since its launch in 2021, the protocol processed 230 million dollars in primary sales, originally establishing itself as an excl…

NFT platform Foundation shuts down after failed rescue deal with Blackdove

Foundation, a prominent Ethereum-based digital art hub, has permanently ceased operations after a planned rescue acquisition by the platform Blackdove collapsed. According to a Wednesday announcement on X by Foundation founder and CEO Kayvon Tehranian, the marketplace will not return…

Ethereum NFT Platform Shuts Down After Blacklove Sale Falls Through

Ethereum-based NFT platform Foundation is shutting down after a planned acquisition by Blackdove fell through. The move reflects ongoing challenges in the NFT market, even as trading activity continues. Users will be allowed to withdraw and delist assets before the platform fully ceases operations.

Foundation Shuts Down NFT Marketplace After Failed Sale

Foundation is shutting down after a failed acquisition by Blackdove, ending one of Ethereum’s early NFT art marketplaces that once drove major creator sales.