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3232Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral
https://www.digit.info/digital-collectible-owners-continue-to-take-loans-out-using-nfts-as-collateral/
Thu, 19 May 2022 19:30:23 +0000https://www.digit.info/2022/05/19/digital-collectible-owners-continue-to-take-loans-out-using-nfts-as-collateral/Read more]]>While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has facilitated $25.6 million in NFT loans so far, and last month the lending marketplace recorded nearly $50 million in NFT loans. […]
]]>NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round
https://www.digit.info/nft-collateralizing-south-african-startup-raises-5-million-in-latest-seed-round/
Fri, 19 Nov 2021 12:30:38 +0000https://www.digit.info/2021/11/19/nft-collateralizing-south-african-startup-raises-5-million-in-latest-seed-round/Read more]]>A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was led by U.S. actor Ashton Kutcher’s Sound Ventures. The other investors that participated […]
While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has facilitated $25.6 million in NFT loans so far, and last month the lending marketplace recorded nearly $50 million in NFT loans. […]
A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was led by U.S. actor Ashton Kutcher’s Sound Ventures. The other investors that participated […]