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Stani Kulechov Turns Tokenized Stocks Into Borrowing Power: Aave Opens On-Chain Loans Against Apple, Nvidia and Tesla

Aave has launched an Equities Hub on Base that allows eligible non-U.S. users to deposit tokenized shares tracking Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla as collateral and borrow USDC against them. The launch marks an important evolution for tokenized equities: instead of simply being held or traded, they can now support on-chain credit. Initial borrowing is tightly capped and separated from other Aave markets, while Chainlink provides equity pricing. The development offers an early glimpse of how traditional securities, stablecoins and decentralized lending could converge into a new form of blockchain-based securities finance. Read More...

KAI impact: Medium / 7 min