NEUTRAL 45 The Defiant 1H ago · 1 min read

Kamino Opens USDC Loans Against Backpack Tokenized Stocks

AI summary

Solana lending protocol Kamino now allows borrowers to take USDC loans against tokenized stocks issued by Backpack, with borrowing capacity capped at 40% of collateral value. The market keeps pricing the last equity value outside US trading sessions. It expands DeFi credit into tokenized equities, a niche but growing collateral category traders may watch for liquidity and liquidation risk.

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