Arch Lending eyes tokenized stocks as next collateral market

Arch Lending eyes tokenized stocks as next collateral market

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Crypto lender Arch Lending plans to expand into loans backed by tokenized equities as the market for onchain stocks expands and lenders begin exploring new uses for the assets as collateral.

Related: Kraken brings DeFi yield to tokenized stocks and ETFs Arch would not be the first lender to enter the tokenized equity credit market, with tokenized stocks and exchange-traded funds (ETFs) already entering lending and collateral products.

In February, Ondo Finance launched DeFi lending markets for two of its tokenized ETFs through an integration with lending protocol Morpho.

Ondo’s tokenized versions of the SPDR S&P 500 ETF and Invesco QQQ can be used as collateral for borrowing on Ethereum.

Tokenized stocks are also beginning to find uses beyond dedicated lending markets.

Kraken made 10 xStocks eligible to back futures and margin positions in July, while Coinbase’s B20 stocks launched on Base in August with price-feed infrastructure designed to support uses including DeFi borrowing and lending.

The growth in lending use cases comes as the tokenized equities market itself has expanded sharply.

Distributed tokenized stock value has climbed to about $3.15 billion from roughly $630 million a year ago, according to RWA.xyz data.

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