Former Coinbase engineers launch NFT lending platform with Coinbase funding

Quick Take

  • Four former Coinbase employees have launched an NFT lending platform called PaprMeme with $3 million in funding from Coinbase Ventures.
  • The platform doesn’t offer direct peer-to-peer lending but instead adopts a novel mechanism built around its native token.
NFT lending platform PaprMeme has gone live, offering a way to borrow against a wider range of NFTs.
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Editor

To contact the editors of this story: Mike Millard at [email protected], Madhu Unnikrishnan at [email protected]

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