Fabrica, NFTfi Partner for Real Estate Lending
Fabrica and NFTfi announced a partnership to offer lending services for real land on the blockchain, revolutionizing the real estate and lending industries.
The Deets
- Partnership between real estate platform Fabrica and peer-to-peer lender NFTfi.
- Enables lending against real land using blockchain technology.
- Fabrica's platform supports buying, selling, and lending for real properties.
- NFTfi provides a blockchain-based lending infrastructure.
The Bulk
Fabrica, a leader in real estate tokenization, and NFTfi, a prominent NFT lending platform, have joined forces to transform the real estate lending sector. This partnership marks a significant milestone, bringing the US's largest asset class, real estate valued at $43.5 trillion, onto the blockchain.
Fabrica's platform, operational in all 50 states with more than 20 licenses, has already onboarded over 300 properties, simplifying the property buying and selling process through digital assets. NFTfi complements this by offering a trusted digital asset lending infrastructure, boasting over $500 million in peer-to-peer loans. This synergy aims to democratize access to credit and liquidity, offering a solution to traditional barriers in lending markets.
❗Why It Matters
This unique collaboration between Fabrica and NFTfi illustrates a significant advancement in using blockchain technology for real estate, marking one of the "real world use cases" that is so often yearned for.
🎤 Founder Feedback
Both Fabrica and NFTfi are in the business of empowering users with more flexibility and utility by providing superpowers to assets on-chain.Federico Pomi, CEO of Fabrica
🎬 Take Action
Interested parties can explore lending opportunites on nftfi.com.
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