QUICK TAKE
- The latest funding round was led by Placeholder VC.
- NFTfi’s total loan volume stands at $534 million to date, the project said on Monday.
NFTfi, a non-fungible token (NFT) lending protocol, raised $6 million in its latest Series A1 funding round led by Placeholder VC.
Other participating investors included Maven 11, Launch Labs Inc, Kahuna Ventures, Brevan Howard, The LAO, Reciprocal, a_capital Ventures, Hash, Bloccelerate, Cypher Capital and Longhash Ventures.
The project noted that this latest funding increased the total capital raised to $15 million. It had previously raised $5 million in a series A round in 2021.
