Ondo Finance integrates Spout Finance as open interest falls to $200 million

Ondo Finance, a project focused on tokenizing real-world assets (RWAs), has announced an expanded collaboration with Spout Finance to unlock new borrowing options for users of its tokenized stock ecosystem on Solana . The latest integration allows users to borrow USD Coin (USDC) against their holdings of Ondo Stocks without incurring interest fees charged by Spout. By accepting Ondo Stocks as collateral, Spout Finance aims to enable users to access liquidity in a way that was previously limited to clients of established prime brokers and private banks. According to Ondo Finance’s statement, users are eligible to borrow up to 50% of their collateral’s value, while conversions between tokens and shares are facilitated by Alpaca’s Instant Tokenization Network.

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