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NFTfi operates a marketplace where users can borrow cryptocurrency against NFTs or offer loans.
NFTfi operates a decentralized, non-custodial lending marketplace where users borrow cryptocurrencies such as wETH, USDC, or DAI using NFTs as collateral. Lenders set fixed loan terms, and borrowers receive their NFT back when they repay. Founded in 2017, the company is based in Tortola, British Virgin Islands. It raised USD 6 million in Series A funding in March 2024, led by Placeholder Capital, with Kahuna Ventures and Brevan Howard Capital Management also participating.
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