Kamino Opens Solana Lending Market for Backpack Tokenized Equity Collateral
TL;DR: Kamino has launched a dedicated Backpack Market on Solana allowing eligible users to post selected Backpack Securities tokenized equities as collateral for USDC borrowing. For Solana DeFi, the new market is a concrete example of tokenization gaining a use beyond holding or trading a representation of a stock.
Kamino has launched a dedicated Backpack Market on Solana allowing eligible users to post selected Backpack Securities tokenized equities as collateral for USDC borrowing. The initia
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