Forma is shutting down Forma Chain and migrating its NFTs to Ethereum L1, a move that affects NFT holders, creators, and marketplace participants first as the network winds down operations and consolidates assets on Ethereum mainnet. The announcement, reported as a termination of Forma Chain operations, sets the network on a path to cease functioning while its assets move to Ethereum. For related coverage, see Robinhood Chain Tokenized RWA Value Nears $70M in Two Weeks.