NFT Lending Protocol NFTfi reaches $15 million in total funding

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Source: X (NFTfi.com)

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

To date, NFTfi’s total loan volume has exceeded $534 million USD, with users accruing more than $15 million USD in interest to date on collateralized 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 hovering around $10 billion USD, it looks like the NFT financial sector will move in parallel with the market in 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 materials only. Individuals are required to fully research any product before making any form of investment.



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