[Tokenized Stock Platform Ondo: Spout Plans to Support Stock Token Collateralized Lending] According to the official blog of Ondo Finance, on November 12th, the lending platform Spout Finance plans to support borrowing up to 50% of the collateral value in USDC when it launches on Solana, using Ondo stocks and ETF tokens as collateral. Spout will not charge borrowers interest. As planned, Spout will redeem the tokens for the underlying stock through Alpaca's instant tokenization network and sell covered call options on the stock. The option premium, after deducting fees, will be used to pay the lender's profit. As a price for the interest-free loan, borrowers forgo profits above the option strike price. If the option is exercised, the underlying stock will be sold at the strike price and repurchased at the market price, potentially reducing the borrower's token holdings. Borrowers must maintain sufficient collateral if the collateral value declines, or it may be sold to repay the loan.