Nifty Gateway, a major NFT marketplace launched in 2020, permanently shut down in February 2026. Its closure coincided with a severe cryptocurrency market sell-off, adding to a list of defunct NFT exchanges and contributing to the perception of a market collapse.
The Dubai Collection, launched in 2021 under the patronage of Sheikh Mohammed bin Rashid Al Maktoum, is billed as the emirate's first institutional collection of modern and contemporary art. However, it has no physical location, does not acquire artworks, and exists primarily as a digital platform where top Dubai collectors list their holdings. At Art Dubai 2025, the Collection presented its third exhibition, "Common Grounds," organized by Zayed University students, featuring works from 1949 to 2024. The initiative also includes research, education, and cultural preservation programs, along with events like Dubai Collection Nights.
Contemporary artist David Nott has partnered with LG Gallery+, a digital visual curation service from LG Electronics, to make his work available digitally. His new piece, COLOR RIDDLE VI (2026), created specifically for the collaboration, is accessible via the platform's Artist Collaboration Shelf, allowing users to display it on LG screens.
Investor and owner Andrew E. Wolff has publicly explained the recent layoffs at Artnet and Artsy as a necessary step for the companies' financial restructuring and future growth. He framed the cuts as part of a broader consolidation strategy, merging the US businesses and organizational structures of the two digital art platforms while keeping their brands separate.