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Notional

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Crypto lending platform enabling loans using cryptocurrency as collateral.

Overview

Notional operates in the decentralized finance (DeFi) sector, offering crypto consumer loans that enable individuals to use their cryptocurrency holdings as collateral for financing. The platform features both fixed and variable rate lending options, allowing users to obtain liquidity without the need to liquidate their digital assets. It targets crypto investors who are looking for flexible financial solutions. Notional's services include guaranteed interest rates on deposits and incentives for liquidity providers through the distribution of NOTE tokens. The platform utilizes blockchain technology to ensure secure and transparent transactions, aiming to meet the demand for accessible financial products.

Key facts

Founded
2020
Sector
Crypto

Business model

Contact

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About Notional

What does Notional do?

Notional operates in the decentralized finance (DeFi) sector, offering crypto consumer loans that enable individuals to use their cryptocurrency holdings as collateral for financing.

Where is Notional headquartered?

Notional is headquartered in Emeryville, United States.

When was Notional founded?

Notional was founded in 2020.

Which sector is Notional in?

Notional operates in Crypto, part of Financial Technology.

Who are Notional's competitors?

Companies similar to Notional include Compound, Solend, and MetaStreet.