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Mattel to wind down its Hot Wheels Virtual Garage NFTs

Summary by Cointelegraph
Toymaking giant Mattel is putting the brakes on its Hot Wheels Virtual Garage non-fungible tokens, pending a decision on the collection’s future.There will be no future releases of any new NFT series or feature drops for the “foreseeable future,” Mattel said in an update on its website. The company said it will decide on the “long-term future” of Mattel digital collectibles.“Your unwavering support and enthusiasm for the Hot Wheels Virtual Garag…
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Cointelegraph broke the news in on Monday, May 5, 2025.
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