NFTfi Raises $6M Series A1 Led by PlaceholderVC, Eyes March 26 Decentralization

NFTfi, a platform that enables users to borrow against their NFTs in a peer-to-peer market, has successfully completed a $6 million Series A1 funding round. This round, led by PlaceholderVC, brings NFTfi's total funding to $15 million. The funding aims to build the leading NFT finance settlement layer, unlocking liquidity and building robust credit markets for NFTs as an asset class. The announcement was met with congratulations from various backers and supporters, highlighting the significance of this milestone for NFTfi and the broader NFT finance sector ahead of their 'decentralization journey' starting on March 26.