NFT Finance Part 3: How Genesis and Nexo are exploring NFT-backed loans

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Quick Take

  • The market for NFT-collateralized loans is growing at a rapid clip, as The Block covered in Part 1 of this series.
  • In this piece, we’re going to look at how Genesis and Nexo are testing the waters.
Two of the biggest names in crypto lending have have started facilitating NFT-backed loans in response to growing demand.
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