Add as a preferred source on GoogleMorpho Lists Robinhood Stock Tokens as Collateral for USDG Loans
SPY collateral has the highest listed liquidation loan-to-value at 77%, compared with 62.5% for NVDA and SPCX.
Morpho currently lists markets on Robinhood Chain that let users borrow Global Dollar (USDG) against Robinhood Stock Tokens, adding a collateral use for tokenized securities unavailable in the United States and to U.S. persons.
The listings show a liquidation loan-to-value (LLTV) of 62.5% for NVDA and SPCX, and 77% for SPY. LLTV is the measure Morpho uses to describe the liquidation loan-to-value for each market.
Robinhood Chain is a permissionless Ethereum Layer 2 network built with Arbitrum technology. Robinhood Wallet provides Stock Token access to eligible users in more than 120 countries, with availability varying by jurisdiction.
Stock Tokens are unavailable for offer, sale or delivery within the United States or to U.S. persons.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.