Pawnfi Announced Closing of $3 Million in Strategic Financing

TokenInsight news, Pawnfi, a non-standard asset-based lending protocol, announced the closing of a $3 million strategic funding round led by DCG with participation from Animoca Brands, Dapper Labs, Hashkey Capital, and others. Pawnfi is a lending protocol that evaluates, liquidates, and provides usage scenarios for non-standard assets (NSAs). Supported NSAs include NFTs, LP tokens, small-cap cryptocurrencies, etc. Pawnfi's vision is to give asset holders access to diversified cash flows and maximize the efficiency of their assets.