NFT Finance Part 1: Demand is exploding for loans backed by NFTs
March 16, 2022, 2:12PM EDT · 5 min read
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.
NFT lending lets traders take out loans putting up their NFTs as collateral. And it’s actually taking off.
Capital Markets
DeFi
NFTs
