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via Cointelegraph · By Cointelegraph Staff
FalconX Brings Tokenized Credit Vaults to Monad Network
CS
Cointelegraph Staff(02:00 PM UTC)
1 min read
FalconX has expanded its tokenized structured credit facility to the Monad network, allowing institutional credit vault deposits to be used as collateral in decentralized finance protocols such as Morpho.
Tokenization takes traditional credit facilities and represents them as digital tokens on a blockchain. In this case, the facility packages loans originated through FalconX’s lending…
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