Algofi and Lofty Announce a Partnership Enabling Anyone to Use Crypto As Collateral to Buy Fractional Ownership in Real Estate
By coupling decentralized finance with real estate—the largest asset class in the world—the two Algorand-based companies have made possible a novel, tangible use case for DeFi Algofi and Lofty, two companies backed by the Y Combinator accelerator, have partnered to enable people to use $STBL, Algofi’s stablecoin, as collateral to buy fractions......