Coinbase adds Solana-backed loans through Morpho, letting users borrow up to $100,000

The Block2h agoUpdated 1h ago
Coinbase adds Solana-backed loans through Morpho, letting users borrow up to $100,000
Smart Read

Coinbase users can now borrow up to $100,000 against their SOL holdings through the exchange's Morpho integration on Base....

Key takeaways

  • 1Coinbase users can borrow up to $100,000 against SOL holdings via Morpho integration on Base.
  • 2The feature leverages Morpho protocol to enable collateralized lending directly within Coinbase's ecosystem.
  • 3SOL-backed loans allow users to access liquidity without selling their cryptocurrency holdings.

Coins in this story

Why it matters

This expands DeFi lending accessibility for Indian retail investors, enabling leverage and liquidity without liquidating positions. It strengthens Solana's utility and Coinbase's competitive position in the crypto lending market.

Related stories

Privacy emerges as crypto’s next 'killer app,' with Arc, Canton and Tempo topping $1 billion in funding
CoinDesk1h ago60-word brief

Privacy emerges as crypto’s next 'killer app,' with Arc, Canton and Tempo topping $1 billion in funding

Arc, Canton, and Tempo blockchains have collectively raised over $1 billion, signaling institutional shift toward privacy-focused crypto infrastructure. Bitwise CIO Matt Hougan identifies privacy as crypto's emerging "killer app" as businesses demand confidential transactions. The fundraising surge reflects clearer U.S. stablecoin regulation post-Genius Act 2025, accelerating institutional blockchain investment for tokenization and compliant finance solutions.

Franklin Templeton, Kraken Parent Payward Team Up to Tokenize Wall Street Products
Decrypt2h ago60-word brief

Franklin Templeton, Kraken Parent Payward Team Up to Tokenize Wall Street Products

Franklin Templeton and Payward (Kraken's parent) are tokenizing traditional Wall Street products on blockchain, enabling institutional investors to trade stocks and bonds as digital assets. This partnership signals mainstream finance embracing crypto infrastructure, potentially expanding institutional adoption. For Indian investors, this represents growing legitimacy of blockchain technology and potential new investment avenues through regulated platforms.

Bhutan Moves $8.1M in Bitcoin as Sell-Off Continues
Decrypt3h ago60-word brief

Bhutan Moves $8.1M in Bitcoin as Sell-Off Continues

The kingdom of Bhutan has offloaded over $230 million in Bitcoin this year while steadily reducing its holdings, according to Arkham data....

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.