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Aave Retweets Post Describing SpaceX Stock Loans Through V4 on Base

The route pairs tokenized SpaceX stock on Base with USD Coin (USDC) loans through Aave V4 and is limited to eligible jurisdictions.

By Simon Yoon
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Mentioned assets
A miniature rocket model sits inside a clear acrylic case. / TokenPost.ai
A miniature rocket model sits inside a clear acrylic case. / TokenPost.ai

Aave retweeted an @Token_Logic post on Nov. 4 describing tokenized SpaceX stock purchases on Base and loans against those holdings, highlighting a potential use of the protocol’s V4 market.

Users can buy tokenized SpaceX stock on Base and borrow USD Coin (USDC) against those holdings through Aave V4. The route is limited to eligible jurisdictions.

Aave activated a lending incentive on its V4 market on Base on Nov. 2 for USDC loans backed by tokenized stock holdings, lowering borrowing costs. That incentive for tokenized-stock loans preceded the retweet by two days.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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