NFTfi

NFTfi is an NFT collateralized lending marketplace that can use NFT assets as collateral for a loan or lend to other users. It enables NFT holders to borrow cryptocurrency from lenders by using their NFTs as collateral. When they accept a loan offer, the NFT goes into a secure escrow smart contract and receives the wETH, DAI, or USDC from the lender directly to their wallet. To determine whether an NFT is worth a loan, users employ a common practice in the traditional art world in which banks, large galleries, or auction houses offer loans to artists.

NFTfi headquartered in NA - South Africa, South Africa, Africa, operates in the Financial Services, Finance, Marketplace sector. The company focuses on Financial Services and has secured $428.0M in funding across 36 round(s). With a team of 1-10 employees, NFTfi is actively contributing to advancements in Financial Services. Their latest funding round, Series A - NFTfi, raised $6.0M. Discover more about their projects, partnerships, and impact on our platform.