Tag: NFTcollateralized
BendDAO’s NFT-Collateralized Crypto Loan Platform Suffers a Bank Run, Prompting a Move to Avoid Another Liquidity Crisis
BendDAO – from a distance – looks like an old-school bank: Some customers deposit money into the decentralized finance (DeFi) platform, which loans th [...]
NFT-collateralized loan platform Arcade raises $15M in funding round
Arcade, a platform that allows users to utilize nonfungible tokens as loan collateral, has raised $15 million in a Series A funding round with part [...]
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