Securitize's HINC Goes Live on Loopscale, Allowing Qualified Investors to Pledge Shares and Borrow USDG
Odaily News: Qualified investors can pledge HINC shares to borrow USDG without redeeming their holdings. HINC holds high-yield corporate bonds and CLO tranches, with Neuberger Berman as sub-advisor, and a minimum subscription threshold of $100,000. Loopscale has previously supported ACRED and SECZ as collateral. HINC's net asset value is updated daily by RedStone and posted on-chain, which Loopscale uses for pricing and triggering liquidations. Currently, Loopscale's total value locked is $91.3 million, with active loans of $55.9 million.
This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.