San Francisco, USA  – Tue Dec 5th 2023 – Fabrica, the leading platform bringing real estate on the blockchain, and NFTfi, the leading peer-to-peer NFT lending platform, announced a partnership today to launch lending for real land on the blockchain. This partnership bridges the gap between the largest global asset class and on-chain lending markets by increasing access to credit and liquidity for property owners, while also giving lenders the opportunity to lend against an immensely valuable asset class they would otherwise have trouble accessing or underwriting.

Real estate is the US’ largest asset class at $43.5 trilllion. Bringing it to the blockchain through Fabrica supercharges an asset class that typically faces significant information asymmetry and barriers to entry in lending markets. Digital-asset-based lending via NFTfi further widens this access by unlocking capital for millions of land owners without having to go through a bank. This means that land owners with all types of credit scores and financial history can now tap into on-chain capital within minutes. This is expected to cut down hours, days, or even months of antiquated paper pushing.

Fabrica's long-standing platform lets users buy and sell real land via digital assets, removing the complexity and inefficiency of the legacy deed system. They hold over 20 licenses, operate in all 50 states and have on-boarded over 300 properties to their platform. NFTfi adds a blockchain-based and widely trusted digital asset lending infrastructure that has facilitated over $500M in peer-to-peer loans to date. The partnership lets users borrow against their properties or offer loans to landowners on either Fabrica or NFTfi in one seamless process.

Both Fabrica and NFTfi are in the business of empowering users with more flexibility and utility by providing superpowers to assets on-chain. The ability to unlock capital stuck in real world assets (RWA) is the most important upgrade to a whole asset class, and furthermore the best opportunity for the crypto industry to prove a tangible and much needed use case and onboard users at scale.

San Francisco, USA  – Tue Dec 5th 2023 – Fabrica, the leading platform bringing real estate on the blockchain, and NFTfi, the leading peer-to-peer NFT lending platform, announced a partnership today to launch lending for real land on the blockchain. This partnership bridges the gap between the largest global asset class and on-chain lending markets by increasing access to credit and liquidity for property owners, while also giving lenders the opportunity to lend against an immensely valuable asset class they would otherwise have trouble accessing or underwriting.

Real estate is the US’ largest asset class at $43.5 trilllion. Bringing it to the blockchain through Fabrica supercharges an asset class that typically faces significant information asymmetry and barriers to entry in lending markets. Digital-asset-based lending via NFTfi further widens this access by unlocking capital for millions of land owners without having to go through a bank. This means that land owners with all types of credit scores and financial history can now tap into on-chain capital within minutes. This is expected to cut down hours, days, or even months of antiquated paper pushing.

Fabrica's long-standing platform lets users buy and sell real land via digital assets, removing the complexity and inefficiency of the legacy deed system. They hold over 20 licenses, operate in all 50 states and have on-boarded over 300 properties to their platform. NFTfi adds a blockchain-based and widely trusted digital asset lending infrastructure that has facilitated over $500M in peer-to-peer loans to date. The partnership lets users borrow against their properties or offer loans to landowners on either Fabrica or NFTfi in one seamless process.

Both Fabrica and NFTfi are in the business of empowering users with more flexibility and utility by providing superpowers to assets on-chain. The ability to unlock capital stuck in real world assets (RWA) is the most important upgrade to a whole asset class, and furthermore the best opportunity for the crypto industry to prove a tangible and much needed use case and onboard users at scale.