The integration lets eligible SECZ holders borrow stablecoins against tokenised equity on Solana through Loopscale.
DeFi oracle RedStone has integrated with Loopscale to bring Securitize’s tokenised equity (SECZ) into Solana’s lending markets, enabling eligible holders to use SECZ as collateral to borrow stablecoins.
RedStone makes this possible by providing Loopscale with its price feed for SECZ, allowing the tokenised equity to be used as lending collateral.
Loopscale uses RedStone’s price feed through its BEAM validation adapter, which screens each price update using confidence thresholds and staleness checks before collateral values are updated.
Marcin Kazimierczak, Co-founder and COO of RedStone, said: “With this integration, eligible SECZ holders on Loopscale can now access on-chain liquidity by borrowing against their tokenised equity, bringing these assets closer to functioning like any other productive collateral in DeFi while preserving the integrity required for regulated securities.”
Stay updated on crypto and AI by following our socials
