NFTfi
Cape Town, South Africa · Founded 2017
About
NFTfi is a Cape Town-based peer-to-peer NFT-collateralized lending protocol founded in 2017, enabling NFT holders to borrow ETH and other cryptocurrencies by using their ERC-721 tokens as collateral. Lenders set their own terms and the collateral is held in a secure smart contract for the duration of the loan, returning to the borrower upon repayment or to the lender upon default. The platform processed nearly $737M in lifetime loan volume across six years with zero security exploits, later evolving into an NFT lending aggregator before shutting down in 2026.
Summary
NFTfi is a Crypto & Web3 company based in Cape Town, South Africa, founded in 2017.
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