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nft.news 2023-06-28 02:35:00

FTX bankruptcy claim transforms into NFT for DeFi loan: A new era in on-chain asset capital

In an unexpected move, an FTX creditor has transformed a bankruptcy claim into an NFT, employing this newly-minted token as collateral for a loan through the DeFi platform, Arcade. A groundbreaking application for NFTs A bankruptcy claim from the failed…

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