NFT Pie attracts $89 million investment…”NFT will raise a mortgage loan
Fed report reviews all directions of digital dollar adoption
February 26, 2021Anchorage attracts $80 million investment…
February 26, 2021
[Digital Today Reporter Chigyu Hwang] On the 26th, NFTfi, a non-replaceable token (NFT) mortgage loan service, announced that it has attracted an investment of 890,000 dollars. The investment will be used to expand and develop the NFT Pi platform functions.
Coin funds, 1KX, and Meban 11, which are mainly investing in the NFT and decentralized finance (DeFi) fields, participated in this investment. Blockchain game company Animoka brand also participated as a strategic investor.
NFT Pie said, “We plan to support multiple blockchains such as Blockchain Platform Flow (FLOW) in the future.”
NFT Pie is a P2P-based NFT collateral lending platform that allows borrowers to borrow cryptocurrency by entrusting their NFT as collateral.
Coin Fund Partner Jake Brukman said, “NFT Pie is a platform that supports NFT mortgage loans and valuation together.
“The NFT market is just growing,” said Stephen Young, CEO of NFT Pie. “NFT Pie wants to become NFT’s financial asset platform.”
Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.
