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NiftyApes provides a decentralized platform for borrowing and lending against NFT collections.
NiftyApes uses smart contracts to let NFT collectors borrow against individual tokens or collections, with auto-refinancing and a lending marketplace. Founded in 2021, the company is based in Colorado. In November 2022, it raised USD 4.2 million in seed funding co-led by FinTech Collective and Variant, with Coinbase Ventures, Flamingo DAO, LLC, Polygon, Robot Ventures and The LAO I, LLC participating.
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