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MetaStreet announces support for RWA lending on the Base chain and integration with Coinbase Smart Wallet
2024-06-07 03:04
Odaily News NFT mortgage lending platform MetaStreet announced on the X platform that it has supported RWA lending on the Base chain, first exploring luxury watch mortgages, and allowing users to obtain returns and solve the liquidity problem in the luxury watch market through cooperation with Watches.io. MetaStreet said that the Base chain will provide better transaction speeds and lower fees, and support its introduction of instant settlement, 24/7 transactions, and continuous debt market liquidity. This time, Coinbase's latest smart wallet product is also integrated. In addition, MetaStreet also announced that the total amount of NFT lending on its platform has exceeded 300 million US dollars, and it is currently expanding the protocol to release other forms of illiquid asset returns through the Object-Oriented Finance (OOF) program.