Exnetwork Invests in NFT & DeFi Liquidity with Strip Finance

Michelle Fernando
ExNetwork
Published in
3 min readDec 7, 2021

Exnetwork announces its new investment in Strip Finance, a Collateralized NFT & DeFi Liquidity Protocol that’s creating a better use for NFTs by collateralizing them for stablecoins and providing greater liquidity.

The team behind Strip Finance saw the global explosion of interest in digital ownership. With the current, antiquated state of the art and collectibles markets, auction house practices have hardly changed for centuries, and this led them to conceptualized the idea. Strip Finance aims to provide an NFT liquidity solution by building a marketplace for collateralized NFT borrowing and lending. It’s on its way to becoming the financial layer of the metaverse with a huge market to address.

strip.finance

Liquidity Enabling for the Future

In today’s NFT space, there are thousands of creators and an even higher number of enthusiasts engaging and creating high value digital assets. However, because of the ever-growing transfer and value of NFTs, this is also creating a liquidity challenge in the market.‌

The DeFi space faces a similar challenge. with millions of staking yields locked to be matured at a later date.‌ Strip Finances aspires to solve it through our liquidity enabling — NFT collateral and future yield trading marketplace.

Strip Finance’s Team of Digital Finance Experts

The Strip Finance team is composed of digital finance experts that have been actively involved in the crypto space for the past 4 years as operators and investors. They are veterans that have previously worked with Web 3.0 companies like Ankr, Bithumb, ConsenSys, Bitfinex, Prometeus Labs, Coldstack. They have a background in marketing and cybersecurity focusing on crypto & blockchain companies with clients that include DaoMaker, Persistence, Stex, Cropbytes, Tachyon, LOC, etc. Strip Finance also has an impressive advisory line up which includes Siddharth Menon (Co-Founder & COO of WazirX), Jaynti Kanani (Co-Founder & CEO of Polygon), Tamar Menteshashvili (Ecosystem & Growth at Solana), and Yida Gao (General Partner at Shima Capital).

Get the latest news and updates from Strip Finance:

Website: https://strip.finance

Medium: https://medium.com/stripfinance

Twitter: https://twitter.com/StripFinance

Telegram: https://t.me/stripfinance

LinkedIn: https://www.linkedin.com/company/stripfinance

Get to know Exnetwork Capital

Exnetwork is Philippines #1 crypto fund with strong ties to every major geographical crypto community in the world. It’s exceptional network include several DAOs, telegram communities, a leading validator, incubator, idea labs, gaming guilds and growth agency.

In 2021, we’ve seen an incredibly strong period for innovation at Exnetwork Capital, with a barrage of creative projects developed by builders, early adopters, and visionaries all looking to develop the next big thing in crypto. Exnetwork Capital aims to invest in a diverse group of projects that will surely disrupt the market.

Website: http://exnetworkcapital.com/

Telegram: https://t.me/exnetworkpublic

--

--