NFTfi.com and Fabrica have completed a groundbreaking $200,000 loan backed by a tokenized plot of land in Los Angeles, marking the largest land-backed loan in blockchain history. This transaction, facilitated by early Ethereum investor Tony Herrera, showcases the potential of decentralized finance in transforming traditional real estate markets. With support from notable investors like Mark Cuban, the partnership aims to create a more efficient and accessible system for real estate financing through blockchain technology.
