Morpho Lists Robinhood Stock Tokens as Collateral for USDG Loans

Morpho currently lists markets on Robinhood Chain that let users borrow Global Dollar (USDG) against Robinhood Stock Tokens, adding a collateral use for tokenized securities unavailable in the United States and to U.S. persons. The listings show a liquidation loan-to-value (LLTV) of 62.5% for NVDA and SPCX, and 77% for SPY. LLTV is the measure Morpho uses to describe the liquidation loan-to-value for each market. Robinhood Chain is a permissionless Ethereum Layer 2 network built with Arbitrum technology. Robinhood Wallet provides Stock Token access to eligible users in more than 120 countries, with availability varying by jurisdiction.

Source: TokenPost