In Largest-ever NFT-backed Loan, 101 CryptoPunks Put Up as Collateral
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The loan was completed by NFT liquidity scaling startup MetaStreet on lending platform NFTfi “By having an active borrowing and lending market , you create productive assets that are otherwise viewed…
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NFT-backed loan risk is higher amid falling NFT floor prices and ETH’s price Bored Ape Yacht Club NFTs have the highest cumulative total loan volume on NFTfi Celsius Network’s move to pause... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…
Following a brief wave of optimism in early 2024, the NFT lending market has drastically slowed. As of May 21, 2025, loan volumes have dwindled to just over $50 million – a steep 83% drop since January and a staggering 97% from the January 2024 high. At its peak, activity…