Skip to main content

Posts

Showing posts with the label Tokenization & RWA

Invesco QQQ Tokenized Stocks Now Available as Collateral on Jupiter Lend

 Tokenization continues to expand across Solana’s DeFi ecosystem. Tokenized Invesco QQQ Trust (QQQ) is now available on Jupiter Lend, bringing exposure to one of the most widely held Nasdaq-100 funds into Solana’s lending market. What’s New QQQ tokenized stocks issued by xStocks and Ondo can now be used as collateral on Jupiter Lend. Users can deposit QQQ and borrow against it: Borrow assets: jupUSD and USDC Market size: $800K Why It Matters Until now, holding a stock-linked asset and accessing liquidity usually meant selling part of the position. With QQQ available as collateral, users can keep their exposure while unlocking liquidity on-chain. This also opens up more advanced strategies. Leverage and unwind features can be used at key price areas, giving traders more flexibility in how they manage a position. As always, borrowing amplifies both gains and losses, so position sizing and liquidation risk deserve careful attention. The Bigger Picture The addition shows...

SPCX: SpaceX Stock Meets Solana, Bringing Real-World Assets Onchain

  For years, buying shares in private or newly public companies meant using traditional brokerage infrastructure. Today, the way investors access certain securities is changing. SPCX , a tokenized SpaceX security issued by Backpack Securities , is now tradable on Jupiter , allowing users to access SpaceX exposure through Solana's onchain markets. This is more than another token listing. It is an example of how real-world assets (RWAs) can move from traditional financial markets into crypto-native infrastructure. What is SPCX? SPCX represents a tokenized SpaceX security issued by Backpack Securities. According to Backpack, investors can hold SpaceX shares through its traditional securities infrastructure, convert them into tokenized securities on Solana, and redeem the tokenized securities back into the corresponding security entitlement through Backpack Securities. That distinction matters. SPCX is not simply a meme coin inspired by SpaceX. It is designed to connect a traditional...