TechFlow news: NFT lending protocol NFTfi has announced a $6 million Series A1 funding round led by Placeholder VC, with participation from Maven 11, Launch Labs Inc, Kahuna Ventures, and others.
NFTfi stated its future plans include enhancing dApp functionality, expanding SDK capabilities, and creating an open settlement layer for NFT finance. NFTfi allows NFT holders to use their NFTs as collateral to borrow ETH, USDC, or DAI from lenders through a trustless P2P mechanism.




