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NFT Cointelegraph

DeFi borrower uses luxury watch-backed NFT as collateral for a loan

While some praised the move, others believed it was centralized and added NFTs where it was unnecessary.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

DeFi borrower uses luxury watch-backed NFT as collateral for a loan

While some praised the move, others believed it was centralized and added NFTs where it was unnecessary.

Why this matters

This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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