Kamino, an important decentralized financial protocol, announced The integration of Xstocks In his credit infrastructure. Users can now to borrow stablecoins By using tokenized shares as collateral—All onchain and permissionless. Driven by Chain linkData streamsIntegration introduces a new Xstocks market Kamino Leenstart with AaplxA tokenized version of Apple Inc. Stock.
Allegedly Kamino makes the First major Defi Borrow/Borrow Protocol To accept tokenized shares as collateral.
Image: chain link
Unchain -credit unlock
Traditionally, access to credit against Real-World assets paperwork, banks and legal bottlenecks. With Kamin’s integration of Xstocks, the process is reduced to smart contracts, wallet permissions and verifiable data. It is permissionless, programmable and immediately.
Kaminos V2 -infrastructure Powers this new system. With the platform, users can implement their Xstocks – such as AAPLX – security and borrow stablecoins directly on Solana. More tokenized shares, such as Tslax And SpyxIt is expected to follow soon. Kamino’s Route map wants to support marge -trade and assets -waps in the same ecosystem.
In essence, Kamino builds an onchain version of Wall Street, except that it is open 24/7, without closing clocks or external preservators.
Chainlink Powers Real -time stock data
Known for its decentralized Oracle networks, Chainlink now offers Custom made Xstocks Price Feeds To Kamino. Offer these data flows Subsecond price updatesAccuracy of institutional quality and end-to-end onchain verification of share performance.
Chain link is now the Official Xstocks Oracle ProviderDelivering real -time price data with high frequency and low latency. The setup reflects the speed and quality of centralized exchanges, but without the assumptions of trust.
Every tokenized equity is Backed 1: 1 by real securityAnd Chainlink ensures that users can act on Solana on reliable data – cut winners for loans, borrowing and margin operations.
Bridging Defi and Traditation with Xstocks
The launch of Xstocks on June 30 Was already seen as a milestone. It is switched on tokenized stock trade for more than 60 US sharesIncluding Apple, Tesla and the S&P 500 ETF. These assets are now Free transferable, available 24/7and mention on important centralized exchanges such as Bybit, cracking, bitget and gate.io.
What Kamino has done is that one step further – by unlocking collateral loans On Solana using these assets.
Kamin’s long -term vision is to one Full Suite Onchain Asset Marketplace. That means one place for Tokenized assets exchange, borrow, borrow or leverageAll without intermediaries off-chain. The integration of Xstocks is a big leap to that goal.
The wider ecosystem of Chainlink is expanding quickly
Kamino’s Xstocks launch is part of a larger trend: The infrastructure of Chainlink quickly becomes the backbone for real-world assets onchain.
- OnThe first Onchain Reinsurance Platform, recently merged The chain link -ecosystem via Onchain NAV. The protocol is now publishing real-time NAV data for its revenue token token Onycbringing transparency to the opaque $ 750 billion reinsurance market.
- On July 3” Botanixa Bitcoin-based layer 2, launched On MAINNET with Chainlink’s Cross-Chain Interoperability Protocol (CCIP)” Data FeedsAnd Data flows From the first day. This makes KettingLink the official interoperability layer for Botanix.
- On July 7” Katanahave become The latest Defi platform to become a member of the Chainlink Scale ProgramThe use of the secure data and messaging aids from Chainlink.
