Spout Finance raised $2M to offer zero-interest USDC borrowing against tokenized stocks on Solana.
DeFi & Yields ·
Spout Finance, a lending platform for tokenized equities, closed a $2M strategic funding round backed by Draper Dragon, Anchorage Digital, Flow Traders, Solana Labs, and multiple individual investors. The round supports the platform's offering of zero-interest USDC borrowing against tokenized stocks on Solana.