The post Giancarlo and Draper Dragon Back Spout’s Bid to Make Borrowing Against Stocks Interest-Free appeared first on Coinpedia Fintech News
Former Commodity Futures Trading Commission Chairman Chris Giancarlo and venture firm Draper Dragon have publicly thrown their weight behind Spout, a Solana-based protocol that lets holders of tokenized US stocks borrow stablecoins without paying interest. Their endorsements follow Spout’s announcement of a $2 million strategic round on October 13. In a post on X, Giancarlo, …