Kamino Launches Tokenized Equity-Backed Lending on Solana
Kamino has introduced a new lending market on Solana that accepts tokenized equities from Backpack Securities as collateral.
Kamino has introduced a new lending market on Solana that accepts tokenized equities from Backpack Securities as collateral. Solana (SOL) is trading at $97.75, up 0.9% since this brief published. This is an original TLT brief based on reporting by NewsBTC, with live market data added, as of Fri, 30 Oct 2026 05:15:02 UTC.
This development marks a significant expansion of decentralized finance (DeFi) capabilities by enabling tokenized equities to be used as collateral, potentially increasing liquidity and capital efficiency in the Solana ecosystem. It also represents a step towards bridging traditional finance with DeFi.
- Kamino launched a Backpack Market on Solana for tokenized equity collateral.
- TVL on Kamino is $1.25B, down 9.2% over the past week.
- The move connects DeFi with traditional finance through tokenized equities.
- Solana price is $96.85, down 2.67% in the last 24 hours.
- J.P. Morgan Launches Tokenized Money Market Funds on Solana Blockchain
- Securitize Launches 12 Tokenized Stocks on Solana, Backed by Real Shares
- Sony-Backed Soneium Launches Tokenized IP Ecosystem with Native Token
- Solana Co-Founder Pushes for Tokenized Stocks, Warns Traditional Firms to Go Private
- Solana's Tokenized Commodities Market Hits $63.2M Record High
- Ondo Expands on Solana with New Tokenized Portfolios Amid Market Downturn
- Kamino Launches Tokenized Equity-Backed Lending on Solana — this brief
Kamino has launched a new lending market on the 
Solana blockchain that allows users to use tokenized equities from Backpack Securities as collateral. This development aims to bridge decentralized finance (DeFi) with traditional finance by enabling tokenized assets to be utilized in DeFi protocols.
The Kamino protocol, which is built on Solana, has a total value locked (TVL) of $1.25 billion, according to DeFiLlama. This figure represents a 9.2% decrease over the past week, reflecting broader market conditions.
Cointelegraph reports that the Bank of England has proposed guidance requiring central counterparties to ensure that tokenized collateral meets certain liquidity and risk standards. This could have implications for the adoption and regulation of tokenized assets in DeFi platforms like Kamino.
The broader cryptocurrency market is currently experiencing a downturn, with the total market cap at $2.68 trillion and 
Bitcoin down 2.25% in the last 24 hours. The Fear & Greed Index stands at 30, indicating a state of 'Fear' among investors.
Solana's native token, SOL, is trading at $96.85, down 2.67% in the last 24 hours and 7.17% over the past week. This decline in SOL's price may be influenced by the overall market conditions and the recent launch of new features on the Solana blockchain.
Since this brief published about 1 hour ago, Solana (SOL) has moved from $96.85 to $97.75 — +0.93%.
The chart plots SOL's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 SOL ≈ ₦134,772.81 (about $97.75), down 2.7% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 30, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Kamino Launches Tokenized Equity-Backed Lending on Solana — questions & answers
What is the significance of Kamino's new lending market?
It allows users to use tokenized equities as collateral, potentially increasing liquidity and capital efficiency in the Solana ecosystem.
How does this development impact the broader DeFi landscape?
It represents a step towards integrating traditional finance with DeFi by enabling the use of tokenized assets in decentralized protocols.
What is the current state of the cryptocurrency market?
The total market cap is $2.68 trillion, with Bitcoin down 2.25% in the last 24 hours and the Fear & Greed Index at 30.
How much is 1 Solana worth in naira today?
About ₦134,772.81 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $97.75. The naira price moves with both SOL's US-dollar price and the USDT/NGN rate; use our Solana in naira page for any amount.
Has Solana's price moved since this brief was published?
SOL is up 0.93% since this brief first published — trading at $97.75 now versus $96.85 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from NewsBTC. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.