TechFlow News — MetaLend, an NFT lending protocol, has raised $5 million in a seed funding round led by Pantera Capital, with participation from Collab+Currency and Ancient8. The funds will be used for product development, hiring, and marketing efforts.
According to reports, MetaLend allows users to borrow against their NFT assets using an over-collateralized loan model, enabling borrowers to receive up to 30% of the appraised value of their NFTs in ETH. The project is currently in testing phase and plans to launch in Q2.




