Kamino Launches Backpack Market for Tokenized-Equity Loans on Solana
Photo: TokenPost
Kamino launched the Backpack Market on Solana, bringing a lending product focused on loans backed by tokenized equity to the network. The launch adds borrowing tied to tokenized stocks to Solana. The market’s focus is lending against tokenized equity. Backpack Securities separately announced that $AAPL was live on Solana through Sunrise . That offering concerned the stock token’s availability on Solana, while Kamino’s Backpack Market focuses on loans backed by tokenized equity. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
