NFT Rally Paves Way for Fractionalization and Derivatives
NFTs are a simple idea, but not for long. We’ve already seen how they’re being tapped as collateral for loans. Now more complex instruments are coming, thanks in part to projects breaking NFTs into pieces in a process called fractionalization. That’s not all — some financial engineers are reportedly fashioning futures contracts derived from NFTs. …
By: Brady Dale •
DeFi
NFTs are a simple idea, but not for long. We’ve already seen how they’re being tapped as collateral for loans. Now more complex instruments are coming, thanks in part to projects breaking NFTs into pieces in a process called fractionalization. That’s not all — some financial engineers are reportedly fashioning futures contracts derived from NFTs. …
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