TechFlow News — NFT algorithmic lending protocol Fungify has raised $6 million in a funding round led by CitizenX, with participation from Distributed Global, Infinity Ventures Crypto, Taureon Capital, Anagram, Flow Ventures, Joe Eagan, former president of Polychain Capital, and Mark Borsten, founder of Merit Circle.
Fungify plans to launch in the first or second quarter of this year following security audits. The protocol will allow users to invest in $NFT index tokens backed and redeemable by NFTs held within the Fungify MarketVault.Read more




