Kraken will issue loans to buy NFTs
The company announced the launch of its own token selling platform
28.12.2021 - 11:05
226
1 min
0
What’s new? Kraken CEO Jesse Powell gave an interview to Bloomberg in which he stated that his company will launch its own NFT marketplace in early 2022. The platform will pre-value tokens and issue loans to buy them. Powell has not yet reported on the details of the platform's operation.
What else did Powell say during the interview? The CEO believes that 2021 will go down in history as the year of the NFT. Powell argued that in a few years, the non-fungible token market will outgrow the current “speculation” phase, highlighting three phases of development:
“The first phase is speculation, the second phase is buying art and supporting artists, and the third phase is the functional use of the NFT.”
Useful material?
Telegram 
Twitter Market
The product will allow professional investors to track the price of the altcoin without having to hold it directly
Apr 18, 2025
Market
Previously, the PumpFun team launched their decentralized exchange to preserve liquidity in their ecosystem
Apr 17, 2025
Technologies
The company predicts that devices powerful enough to crack a 256-bit key could be available in the next 10 years
Apr 17, 2025
Mining
The collaboration aims to increase decentralization of the blockchain
Apr 15, 2025
Market
The feature will later be available to customers in Europe and Australia
Apr 15, 2025
Crypto regulations
The rule was passed toward the end of Joe Biden’s presidential term
Apr 11, 2025
Cryptocurrency rates
-
Bitcoin
$93 450
BTC
+6%
-
Ethereum
$1 800.24
ETH
+14.17%
-
Ripple
$2.23
XRP
+7.31%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.182208
DOGE
+13.43%
-
Cardano
$0.694627
ADA
+11.51%
-
Stellar XLM
$0.267788
XLM
+9.01%
-
Bitcoin Cash
$360.76
BCH
+4.87%
-
Litecoin
$84.5
LTC
+7.71%
-
Polkadot
$4.08
DOT
+9.32%