Article

Robinhood stock tokens integrate with Morpho lending markets, enabling on-chain borrowing against them as collateral

PANews October 22 reports that Robinhood has announced that its stock tokens (Stock Tokens) can now be used as collateral on the decentralized lending protocol Morpho, expanding their use cases beyond trading. Robinhood Chain provides the underlying on-chain infrastructure, while Morpho provides the lending layer, allowing holders to borrow against eligible stock tokens as collateral. Eligible wallets and applications can access the relevant markets, expanding on-chain lending and capital-utilization use cases for stock tokens.

Source: https://www.panewslab.com/zh/articles/01a1640e-3171-75b5-9b2b-4703aa3c735c