DeFi and NFTs are the two most noticeable trends in the blockchain and cryptocurrency development sector these days. While non-fungible tokens make asset tokenization possible, DeFi provides decentralized access to financial services. Generally, people see NFTs as digital collectibles or works of art that command high prices at auctions due to hype. Non-fungible coins, however, have the potential to make remarkable long-term contributions to the expansion of decentralized finance. Can they transform traditional finance? Read on to find out.