NFTs

NFT Lending Protocol NFTfi Hits $15M in Total Funding

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Source: X (NFTfi.com)

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.

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*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.


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