Loopscale Enables High-Yield Collateral on Solana
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5 Articles
According to ChainCatcher, SolanaFloor reports that the supply of tokenized equity on the Solana blockchain has reached an all-time high, with the size of tokenized equity deposited into lending protocols also reaching a new high of $60 million. $NVDAx and $SPYx are among the top tokenized equity holders.
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CoinfomaniaLoopscale Enables High-Yield Collateral on Solana
Solana is enhancing its blockchain capabilities by integrating high-yield credit strategies as collateral, aiming to improve capital efficiency and market accessibility. This strategic move involves collaboration with Securitize and Loopscale, leveraging innovative financial instruments to redefine...
Key points of the news: HINC, Neuberger Berman’s high-performance Tokenized Fund and Securitize, debuted at Loopscale over Solana as collateral in DeFi credit. Eligible users can deposit HINC as collateral to borrow USDG, the stablecoin issued by Paxos, without having to sell their position in the background. Standard Chartered ... Read more
Securitize's HINC Becomes Collateral on Solana's Loopscale
Securitize's tokenized high-yield credit fund is live as collateral on Loopscale, letting eligible investors borrow the USDG stablecoin against their shares without redeeming the position. That puts sub-investment-grade corporate credit into an onchain lending market whose collateral has been... Read the full story at The Defiant
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