Pine Protocol operates an NFT‑loan platform focused on decentralized, non‑custodial lending and financing for NFT assets. Since its beta launch the platform has processed over $3.3M in loan transactions across more than 40 NFT collections. The core product lets users harness NFTs as collateral to borrow cryptocurrencies such as Ethereum. Pine is preparing a platform update that will add a suite of financial tools for NFT assets. The company is also gearing up for a $PINE token IDO supported by Impossible Finance. Recent investor support and the completed private round are intended to help fund these product and token plans.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2022