Ondo Expands Perps Collateral as Tokenized Stocks Gain a Second Use
A tokenized stock can now remain part of a trader’s market exposure while funding a leveraged position. Selling it for USDC first is no longer required. Ondo Perps has added tokenized Circle (CRCLon), SpaceX (SPCXon) and SanDisk (SNDKon) as eligible collateral. Traders can retain exposure to those assets while using them to support perpetual futures The post Ondo Expands Perps Collateral as Tokenized Stocks Gain a Second Use appeared first on BeInCrypto.
Key Takeaways
- A tokenized stock can now remain part of a trader’s market exposure while funding a leveraged position.
- Selling it for USDC first is no longer required.
- Ondo Perps has added tokenized Circle (CRCLon), SpaceX (SPCXon) and SanDisk (SNDKon) as eligible collateral.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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