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FTX Bankruptcy Claim Transformed into NFT for DeFi Loan
Significantly, FTX bankruptcy claims transform as they are tokenized into NFTs, changing on-chain loans and asset capital. Here’s everything you need to know. TL;DR A creditor from FTX has tokenized their bankruptcy claim. This enables its use as collateral for a $7,500 loan through the DeFi service, Arcade. Moreover, this marks the first on-chain loan
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