Pawnfi

Pawnfi.com is a brand-new lending and leasing marketplacemarketplace to provide fair appraisal, liquidity, and use cases for non-standard assets (NSAs). Pawnfi has achieved the divestiture of asset ownership, use rights, and earning rights within the product in an innovative way so that asset holders and users can maximize capital efficiency. Compared with other lending protocols in the industry, Pawnfi can provide a wider range of assetasset support, a more flexible loan portfolio, and more diversified asset realization solutions.

The first DeFiDeFi product of its kind, Pawnfi.com is a brand-new lending and leasing market. It appraises, liquidates, and provides use cases for non-standard assets (NSAs). Supported NSAs include non-fungible tokens (NFTs), liquidity provider tokens (LP tokens), tokenized rights, minor crypto-currencies, and bundled assets. With the development of metaverse, more NSAs will emerge, and how these assets are priced, traded and liquidated will be crucial to the revolution of the entire financial industry. To stay ahead of the evolutionary metaverse, Pawnfi.com strives to allow asset holders to access diversified cash flow and to maximize their asset efficiency.

Pawnfi EVM version supports ETHETH, BSCBSC, PolygonPolygon, ArbitrumArbitrum, and MoonbeamMoonbeam chains. Additionally, it will allow cross-chain integration on FlowFlow and other chains to ensure an improved and holistic user experience. Pawnfi will maintain the momentum on product development, white-list assets, multi-chain network support, and other innovative functions, delivering weekly iterations.

Speaking about the long-term prospects of the project, Pawnfi Founder and CEO Wesley KayneWesley Kayne stated, “The NSA market that Pawnfi addresses is significantly larger than the current NFT market. Specifically, the liquidity and user base will be many times higher than that of standard assets as the metaversemetaverse is gaining momentum. We will keep our edge in the scale of assets that Pawnfi covers and continue to put forward innovative functions.”

Pawnfi.com (Pawnfi) has announced the closure of a $3M strategic funding round. The investment round was led by Digital Currency Group (DCG) and also included Animoca BrandsAnimoca Brands, Dapper LabsDapper Labs, PolygonPolygon, DeFi AllianceDeFi Alliance, Hashkey CapitalHashkey Capital, Everest Venture GroupEverest Venture Group, SNZSNZ, and 6Block6Block.

Pawnfi.com is a brand-new lending and leasing marketplace to provide fair appraisal, liquidity, and use cases for non-standard assets (NSAs). Pawnfi has achieved the divestiture of asset ownership, use rights, and earning rights within the product in an innovative way so that asset holders and users can maximize capital efficiency. Compared with other lending protocols in the industry, Pawnfi can provide a wider range of asset support, a more flexible loan portfolio, and more diversified asset realization solutions.