# Morpho Lists Robinhood Stock Tokens as Collateral for USDG Loans By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/38651 Published: 2026-10-23T03:44:45.000Z Updated: 2026-10-23T03:44:45.000Z Section: Investing > 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. ## Links in this article - [Stock Token access](https://www.tokenpost.com/news/business/26312)