Reservoir, infra provider for Coinbase and MetaMask, shuts down NFT services

Blockchain infrastructure provider Reservoir is sunsetting its NFT services just two months after raising $14 million to expand its tools to new marketplaces.

Reservoir, a crypto infrastructure startup that secured $14 million in Series A funding earlier this year, will shut down its NFT API and associated services on Oct. 15, the project revealed in an X announcement on Thursday, April 24.

“After much consideration, we’ve decided to sunset Reservoir NFT, the API, and associated services on October 15th, 2025. Thank you to all our customers & partners for your trust and support over the years.”

Reservoir

Reservoir is known for providing back-end tools to NFT marketplaces and wallets like Coinbase, MetaMask and Magic Eden. The platform offered services for indexing NFT data and enabling token trades across multiple marketplaces.

The startup said current customers can continue using the platform until the shutdown date, but “new account creation has been disabled at this time.”

Crypto.news reached out to Coinbase and MetaMask and we’ll update the article once we hear back.

To help customers move away from Reservoir, the team has partnered with Alchemy and Sequence to ensure a “smooth transition.” On top of that, Reservoir also made its codebase public for anyone looking to bring their infrastructure in-house. Looking ahead, the team will focus on a broader token infrastructure project.

“We’re excited to continue supporting the token economy with Relay — empowering users to swap, bridge, or buy tokens (including NFTs!) with any currency on any chain we support — instantly.”

Reservoir

The shutdown of Reservoir’s core services comes just months after the startup raised $14 million from investors including Union Square Ventures, Variant, Archetype, and Square Peg Capital. The round also included participation from Coinbase Ventures, Delphi Digital, and others. At the time, the company said it planned to expand its NFT trading infrastructure to support more networks.