NFT Lending Protocol NFTfi Hits $15M in Total Funding

1 Mins read


Source: X (

NFTFI’s recent focus has been on Real World Assets (RWAs), partnering with Fabrica Land to unlock loans backed by Tokenized Real Estate, with further expansion into the tokenisation of luxury watches on the horizon.

To date, NFTfi’s total loan volume has exceeded $534 million USD, with users accruing over $15 million USD in interest to date on collateral loans for blue-chip NFTs such as CryptoPunks, Bored Apes, Autoglyphs and more.

With NFT trading on the rise, and the total market cap for NFTs sitting at around $10 billion USD, the NFT financial sector looks set to move in parallel with the market across 2024.

Want more? Connect with NFT Plazas

Subscribe to our Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

Source link

Related posts

MadWorld: Early Access Launch and $11 Million Funding

1 Mins read
[ad_1] Carbonated Inc. has recently announced the early access launch of MadWorld for iOS and Android devices. Alongside this exciting news, they…

Starbucks Odyssey NFT Program Comes to a Close

2 Mins read
[ad_1] Coffee giant Starbucks made headlines recently when it announced the suspension of its highly popular Odyssey NFT (Non-Fungible Tokens) program. With…

Web3 Mobile Game MadWorld Opens Early Access Registration

1 Mins read
[ad_1] MadWorld, a post-apocalyptic shooter game developed by Carbonated Inc., has opened registration for its Early Access playtest. This follows the closure…



Leave a Reply

Your email address will not be published. Required fields are marked *