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Relaxnews
Relaxnews
Kraken, a marketplace for non-fungible tokens (NFTs) wants to offer a new NFT-based lending service. In exchange for a token as collateral, Kraken will provide funds to the user. While the initiative is still in the works, this could turn out to be a first in the industry and even a first concrete use for NFTs. “I would like to get a loan of $5000, in exchange I offer you my token of BoredAPE, bought at $3500, but whose value is continuing to increase.” It sounds surreal as an exchange but this type of deal could soon become reality… Kraken, a marketplace in the cryptoasset world, is lookin…
