In a press statement, collateralised NFT borrowing and lending marketplace Strip Finance said it has raised a seed round of Rs 3.5 crore (around $500,000) from Old Fashion Research, Nothing Research, Tenzor capital, Block0, Shima Capital, Lancer Capital, and J10M Capital.
As it looks to build its NFT platform and launch it on Binance Smart Chain, the startup maintains this will enhance liquidity in the NFT market by providing users with an option to retain ownership of NFTs and yet be able to derive liquidity.
