A Nuanced Way to Exit Fiat and Enter Crypto

Recently, with the FTX debacle, there have been concerns about centralized exchanges being unable to provide proof of reserves. In the recent bull market cycle, ‘NFTs’ as a search term exceeded ‘Bitcoin’. They arguably facilitated a new tranche of investors that were otherwise not interested in tokens but were taken by the potential of NFTs.

Direct purchase of NFTs with credit cards is an intriguing fiat onramp alternative to centralized exchanges. It ensures investors can take custody of their assets without trusting a custodian.

Peak Finance and NFTA intend to pursue fiat integrations to give users the ability to purchase NFTs with existing collateral assets or select their preferred assets captured within the NFT.

We envision a future where NFT trading and on-ramping through NFTs will outpace single-asset trades and token on-ramping through CEXs and DEXs.