Fungify: A San Francisco-based financial firm offering instant NFT sales, loans, and yield-bearing tokens.
Location
San Francisco, CA, US
Founded
2022
Fungify is a San Francisco-based financial services company specializing in non-custodial NFT solutions. The firm focuses on the intersection of NFTs and DeFi, offering instant NFT sales, immediate NFT-backed loans, and yield-bearing NFT index tokens. Their platform enables users to borrow against their NFTs with dynamic rates and market-driven APYs.
The company's key offerings include Fungify Pools, a lending protocol for NFT yield and loans, and an upcoming NFT ETF product. Fungify's platform supports various high-profile NFT collections, including Azuki, Beanz, and Bored Ape Yacht Club, allowing users to borrow against these assets with one-click transactions and transparent pricing.
Fungify - Classification
NAICS
520000Finance and Insurance
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
6000Depository Institutions
6090Functions Related To Depository Banking
6099Functions Related To Depository Banking, Not Elsewhere Classified
Show 3 more industry codes
SIC
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities