Aave launches on-chain lending for tokenized stocks, targeting the trillion-dollar securities lending market
According to ChainCatcher, Aave is expanding its business boundaries through Aave V4, extending from crypto asset lending to the realm of real-world assets (RWA) such as stocks, aiming to enter the approximately $4.6 trillion global securities lending market. Traditional brokers like Robinhood and Charles Schwab typically earn lending income by lending out users' stocks, retaining 50%-85% of the securities lending fees and returning only a small portion of the proceeds to users. The global securities lending market generates about $35 billion in annual revenue, mainly earned by intermediaries. Aave's proposed on-chain model allows users to deposit tokenized stocks (such as AAPL, TSLA) as collateral or loan assets, earn the full lending interest directly, realize real-time transparent pricing, dynamic rate adjustment, reduce rehypothecation, and lower intermediary fees.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $1,497, the cumulative long liquidation intensity on major CEXs will reach $763 million
The US CBDC prohibition bill will be submitted to President Trump on Monday
Canton Network ranks first in blockchain revenue over the past 30 days
