NFT Finance Part 1: Demand is exploding for loans backed by NFTs

Quick Take

  • NFTs are being used as collateral for high-risk, high-reward loans of all sizes.
  • The founders of two NFT lending marketplaces shed light on this rapidly growing market.
  • This is the first article in a three-part series focused on the financial applications of NFTs.

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Source: https://www.theblockcrypto.com/news+/138014/nft-finance-part-1-demand-is-exploding-for-loans-backed-by-nfts?utm_source=rss&utm_medium=rss