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Metastreet Raises $14 Million In Seed & Initial Liquidity Capital To Help Nft Debt Scale

Feb 08, 2022•over 3 years ago

Amount Raised

$14 Million

Round Type

seed

Boston

Description

MetaStreet, a liquidity routing and scaling solution for NFT collateralization platforms, today announced that it has secured $3 million in seed financing and $11 million in initial protocol liquidity to jumpstart the expansion of the quickly developing collateralized NFT lending market.

Company Information

Company

Meta Street

Location

Boston, Massachusetts, United States

About

Founded in 2021 by David Choi, Ivan Sergeev and Conor Moore, 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. For more information, visit https://www.metastreet.xyz/. SOURCE MetaStreet Labs

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