Uniswap in Talks With 7 Lending Platforms , ‘NFT Financialization’ to be built

andrei

Uniswap is currently in talks with 7 NFT lending platforms to create NFT financialization.

The news came in a tweet from Scott Lewis on Tuesday, Uniswap’s Head of NFT Product.

“We are now in talks with 7 NFT lending protocols,” said Lewis in a tweet Tuesday. “We will be working with each one to solve for liquidity fragmentation and information asymmetry. This is the first step to building NFT financialization.”

Uniswap and NFTs

Uniswap has been making significant inroads into the NFT space recently, with the company acquiring NFT aggregator Genie in June. Genie allows users to search for and trade NFTs across multiple platforms with the promise of saving customers time and money.

Now Uniswap is apparently seeking to repeat the trick with NFT lending, promising deeper liquidity and better information.

As Uniswap previously stated after Genie’s acquisition, the company is seeking to integrate NFTs “into our products, starting with the Uniswap web app, where soon you’ll be able to buy and sell NFTs across all major marketplaces.”

Lets see how the others descentralized exchanges fight back .

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