Pledge is a decentralized finance (DeFi) protocol that functions as a marketplace for financial NFTs (fNFTs), which are tokenized loans. The platform facilitates fixed-interest rate loans and long-term financing, allowing users to lend their crypto assets to earn a stable yield or borrow against their assets, including NFTs. By tokenizing the loan into an fNFT, Pledge creates a tradable instrument, which brings increased liquidity and new possibilities to both the lending and NFT markets.

Founded in

United States