Quick TakeSpout raised a $2 million strategic round with participation from Draper Dragon, Anchorage Digital and Flow Traders, alongside strategic backing from Solana Labs. The protocol
- Solana-based lending protocol Spout has raised $2 million in a strategic funding round, with participation from Draper Dragon, Anchorage Digital, Flow Traders, and Solana Labs.
- The protocol allows users to borrow USDC against tokenized US equities at a 50% LTV without paying interest, instead using premiums from covered calls on collateral to pay lenders.
- The funds will be used for team expansion and the development of a credit layer for integration into other platforms, with the protocol currently on Solana Devnet.
Topics: Asset types, Infrastructure providers, Integration with defi, Equity, Tokenization platforms, Rwa collateral lending
Tags: #spout #solana #tokenizedequities #strategicround #lendingprotocol #coveredcalls #usdc #anchoragedigital #solanalabs
No comments:
Post a Comment