Naver D2SF Makes New Investment in NFT Asset Management Startup 'NFT Bank'

[Asia Economy Reporter Yuri Choi] Naver's startup incubation organization D2SF announced on the 13th that it has made a new investment in 'NFT Bank,' a platform that manages non-fungible token (NFT) assets.

NFT Bank has developed a platform that evaluates and manages NFT assets. Based on various data such as user preferences, NFT transaction status, and market trends, it analyzes the value of NFT assets to assist in NFT financial decision-making. In particular, through a highly reliable proprietary algorithm, it provides detailed asset evaluation information such as the current value of NFTs, floor prices, and investment returns.

Currently, it has secured global companies such as NFT Pie and Fine Protocol, which provide NFT financial services, as partners. It tracks assets of large-scale NFT projects and provides predicted prices. Individual users holding NFTs can also access the NFT Bank website to check and manage the value of their NFT assets by wallet.

NFT Bank is recognized as a team with excellent understanding of data and NFTs, consisting of members who have proven their capabilities at domestic and international tech companies and financial institutions such as Naver, Facebook, Kakao, Coupang, Riiid, and asset management firms. Kim Min-su, CEO of NFT Bank, has verified market opportunities by leading various projects in the NFT community as a data scientist even before founding the company.

Yang Sang-hwan, leader of Naver D2SF, explained the investment rationale, saying, "Recently, NFT financial services such as providing loans using NFTs as collateral or renting NFTs themselves have emerged, offering new user experiences. NFT Bank is a team that developed an asset value platform that forms the foundation of NFT finance, and it is rapidly establishing its presence on the global stage, so we expect it to grow even further."

This content was produced with the assistance of AI translation services.