MetaStreet Closed $14 Million in Financing Led by Dragonfly Capital
TokenInsight news, MetaStreet, a liquidity routing and scaling solution for NFT collateralization platforms, closed $14 million financing led by Dragonfly Capital with participation from Animoca Brands, Republic Realm, Volt Capital and others to jumpstart the expansion of the quickly developing collateralized NFT lending market.
MetaStreet is a liquidity routing & scaling protocol for NFT collateralization platforms. The protocol aims to vastly improve capital efficiency in the NFT-backed lending ecosystem through automated underwriting processes and mitigation waterfalls, allowing market participants to access & govern the asset class with an optimized risk/return profile consistent with their personal perceptions of risk.