Gondi is an NFT lending protocol developed by Florida Street that went live following a seed fundraise. The platform allows lenders to put up NFTs for a fixed rate while borrowers can use NFTs as collateral or for NFT-based financial applications. Borrowers pay interest only based on the outstanding loan duration and benefit from instant refinancing to secure better loan terms after initiation. Gondi focuses on blue-chip NFT collections on the Ethereum blockchain and at launch has whitelisted collections including CryptoPunks, AutoGlyphs, Bored Ape Yacht Club, Chromie Squiggle and Fidenza. The live launch and product features aim to expand access to NFT-backed credit and liquidity for holders of high-value NFTs.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2023