TapTools announces gradual closure due to executive departure

According to Cointelegraph, TapTools, the Cardano ecosystem data analysis platform, announced that it will gradually shut down due to the departure of five executives. TapTools announced in an article on the X platform that the two co founders, Chief Operating Officer, and Chief Technology Officer had resigned earlier this year, making it difficult for operations to continue. The platform will begin to shut down in the next two weeks, but has expressed willingness to accept acquisitions or external resources to maintain operations. TapTools was launched in 2022 and is one of the important tools for Cardano users to track token prices and DeFi activities.