Finance
March 04, 2021
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NFT of Banana Accidentally Becomes Collateral for $1 Billion Loan

Bank insists fruit-backed finance is the future. Alexandra Chen | Stablecoin & Regulation Analyst A Peel Into Finance A major international bank stunned markets this week after approving a one billion dollar loan backed not gold, real estate, or corporate bonds but an NFT of a banana. The digital artwork, originally minted as a parody […]