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Lombard Systems Raises $4M to Enable Borrowing Against Tokenized Assets

(3 hours ago) · 1 source · Summarized by CryptoBipto

Lombard Systems has raised $4 million in funding to build infrastructure that makes it easier to use tokenized assets as collateral for loans. The company aims to bridge the gap between tokenized real-world assets and lending markets.

WHY IT MATTERS

When you own something valuable like a house or government bonds, you can often borrow money against it — the asset serves as collateral, like a security deposit.

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SOURCES

  • newsbtc.com

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