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NFT loan market Arcade builds platform for liquid NFT financing

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On the Ethereum blockchain, NFT holders can unlock liquidity on one or more of their NFTs, allowing lenders and borrowers to come together to transform NFT holdings into liquid assets.

Lenders using stablecoins or ERC 20 tokens may now engage in a new source of decentralised finance yield by underwriting fixed-rate term loans secured by borrowers’ NFTs. Arcade’s platform employs the Pawn Protocol to escrow valuable assets on the Ethereum network.

It has been open only to affluent NFT owners, institutions, and DAOs since its introduction in 2020, with over $15 million in escrow and $6 million in loan volume.


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