Binance launches NFT loan service to rival Blend

forkast.news/headlines/binance-launches-nft-loan-service-to-rival-blend

Binance Marketplace, cryptocurrency exchange Binance’s non-fungible token (NFT) trading platform, is launching a new service Friday where users can borrow Ether by using their NFTs as collateral. It will compete with Blend — the trading protocol from world leading NFT trading platform Blur — which has cornered 82% of the NFT loans market since it launched on May 2.
See…

This story appeared on forkast.news, 2023-05-26.
The Web's Most Comprehensive Business News Hub. Free to Use →