Institution-oriented liquid design platform Liquid Collective has experienced considerable growth in the last three months, whereby its total value locked (TVL) increases by another 30% after the integration of Solana last week.
The Defi protocol TVL has risen 550% to $ 1.36 billion of just $ 200 million at the beginning of April, and will attract another $ 300 million on July 16 after the introduction of Liquid Stant Sol (LSSOL).
Liquid Collective TVL
Liquid collective enables users to use assets for its LS reception tokens, similar to other liquid deployment protocols, such as Lido, but with a focus on institutional customers.
LSSOL wants to offer a conforming solution for the use of liquids for institutions and listed products (ETPs), which are expected to make further use of integrations possible in the rest of the year, after submitting Nasdaq to add to BlackRock’s Ishares ETF on Thursday on Thursday.
Liquid Collective currently has around $ 1.1 billion in ETH and $ 250 million in Sol on its platform.
For now there is only one live Solana ETP, the Rex shares Sol strike product; However, other BTC and ETF ETF mittens, such as Grayscale, Vaneck and Invesco, work together with the Securities and Exchange Commission (SEC) to launch their own solution this year.
