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FalconX expands tokenized credit facility to Monad network in lending push

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 23 Views

FalconX expands tokenized credit facility to Monad network in lending push

FalconX’s tokenized credit vaults can now be used as collateral in DeFi markets on Monad, expanding institutional lending products across blockchain networks.

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 business into tokenized credit products accessible through Pareto vaults curated by M11 Credit.

RWA.xyz data shows real-world assets issued onchain have grown to more than $31 billion, including Treasurys, credit products and other financial assets. Credit-related assets alone account for more than $5 billion in distributed value across blockchain networks.

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