Yiedl Announces Marketplace for NFT Rentals and Mortgages

Tokyo-based crypto startup Yiedl has announced its plans to launch a non-custodial peer-to-peer (P2P) marketplace for mortgages and rentals involving non-fungible tokens (NFTs).

In a recent interview, Yiedl’s founder and CEO, Kohshi Shiba, emphasized that the platform will accommodate a variety of tokens, given that many real-world assets are being tokenized.

This initiative aims to expand the utility of NFTs in the real estate sector by facilitating direct transactions between users without the need for intermediaries.