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Nexo integrates enterprise-grade blockchain indexer Zash Zash | DeFi & Ethereum News

Nexo integrates enterprise-grade blockchain indexer Zash

Zash
, an enterprise-grade blockchain indexer, has announced a partnership with Nexo. As part of the partnership, Nexo will integrate Zash into its platform in order to develop new valuation and pricing tools for NFTs. The integration is part of Nexo’s broader push to extract more liquidity.

The service enabled users to unlock instant liquidity from their NFT holdings through a white glove service that offered dedicated account managers, no liquidations before maturity, and no credit checks. Nexo has since provided the world’s largest NFT-backed loan worth $3.3 million. Its latest NFT-backed worth $1.3 million was issued against two rare Mutant Apes. Cryptocurrency lending has become commonplace in the past few years, growing from a niche product to a full-grown market.

Source

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