The Blockchain Infrastructure Provider Reservoir is sunk NFT services just two months after raising $14 million to expand its tools to a new market.
Reservoir, a crypto infrastructure startup that secured $14 million in Series A funding earlier this year, will close its NFT API and related services on October 15th. The project was revealed in the X announcement on Thursday, April 24th.
“After much consideration, we decided on Sunset Reservoir NFT, API and related services on October 15, 2025. We would like to thank you for your trust and support over the years.”
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The reservoir is known for providing back-end tools for the NFT market and wallets, including Coinbase, Metamask, and Magic Eden. The platform provided services to enable indexing of NFT data and token trading in multiple markets.
The startup said current customers can continue to use the platform until the shutdown date, but “creating new accounts is currently disabled.”
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Crypto.News will contact Coinbase and Metamask and update the article when they respond.
To help customers leave the reservoir, the team partners with alchemy and sequences to ensure a “smooth transition.” In addition to that, Reservoir has published codebases for those who want to bring their infrastructure in-house. Going forward, the team will focus on a broader token infrastructure project.
“We are excited to continue supporting the token economy with relays. It will allow users to exchange, bridge or purchase tokens (including NFTs!) in the currency of the chain they support.”
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The closure of the reservoir core services comes months after the startup raised $14 million from investors, including Union Square Ventures, Variants, Archetypes and Square Peg capitals. The round also included participation from Coinbase Ventures, Delphi Digital and others. At the time, the company said it was planning to expand its NFT trading infrastructure to support more networks.
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