Genesis issues $6M NFT-backed loan to Meta4 Capital

Genesis issues $6M NFT-backed loan to Meta4 Capital

“Institutional investors are increasingly entering the NFT space, particularly interested in providing original lending solutions. This loan is notable not just for its amount but for solely using nonfungible tokens (NFTs) as collateral instead of including broader liquid collateral. Meta4 operates as an NFT VC backed by Andreessen Horowitz, specializing in acquiring presumed rare and…

By Adriana Hamacher and Andrew Hayward

THE 15 biggest NFT Influencers of 2021 by Decrypt

In the third quarter of 2021, the overall trading volume of NFTs reached $10.67 billion, which is an increase by 38,000% in comparison to 2020. However, looking for information about trends in the blazing-hot non-fungible token (NFT) market calls for expertise. But not only artists and creators themselves are important, but so are celebrities, curators, marketplace owners, and…