TechFlow news — NFT lending platform Astaria has raised $8 million in a seed funding round led by True Ventures, with participation from Arrington Capital, Ethereal Ventures, Wintermute, Genesis Trading, LedgerPrime, Hypersphere Ventures, Republic Capital, Flow Traders, Proof Group, p2p, mgnr, Genblock, and The LAO.
Astaria will offer an exclusive preview of its platform to the NFT community at the NFT NYC conference on Wednesday, June 22, with a planned public launch tentatively set for the end of Q3 2022.
Notably, Astaria provides a solution to one of the thorniest problems in DeFi: instant, highly liquid NFT lending. Astaria enables users to obtain immediate liquidity for their NFTs.
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