Pine Protocol

Lending and borrowing protocol

pine.loans

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Pine Protocol

Details

Pine Protocol is a lending and borrowing protocol built on multiple blockchains to facilitate on-chain asset-backed financing. As a two-sided protocol, Pine enables borrowers to use their assets, represented on-chain through NFTs, as collateral to borrow cryptocurrencies from lenders in real-time, in a fair, transparent, and efficient manner.

Tags: NFT NFTFi NFT Lending

Ecosystem(1): Ethereum

Founded: 2021

Fundraising

The Spartan Group

Lead

Amber Group

Lead

Ryze Labs

Lead

Sparkle Ventures

Lead

Shima Capital

Gate Ventures

Mapleblock

The LAO

Impossible Finance

Alameda Research

David Choi

Round	Amount	Valuation	Date	Investors
Private	$ 3 M	--	Dec 15, 2022	Amber Group, Sparkle Ventures, Shima Capital, The Spartan Group, The LAO, Mapleblock, David Choi
Seed	$ 1.5 M	$ 20 M	May 18, 2022	Ryze Labs, The Spartan Group, Shima Capital, Impossible Finance, Gate Ventures, Alameda Research