PANews July 14 news, according to The Block, the Solana ecosystem lending protocol Kamino is incorporating tokenized stock products into its collateral options, with the on-chain trading feature xStocks supported by Chainlink data standards. The team stated in a Friday announcement that this integration makes Kamino the first lending protocol in the DeFi space to use tokenized stock products as collateral, marking an important milestone. The Kamino v2 architecture features a brand new xStocks market, allowing users to borrow stablecoins using xStocks, starting with the tokenized stock product AAPLx for Apple equity, with plans to expand later. The team expressed that their ultimate goal is for Kamino to become a fully functional on-chain asset market where users can swap, collateralize loans, or engage in margin trading, with permissionless financial infrastructure maturing to cover traditional financial scenarios more efficiently and transparently.
