logo
    • Buy Crypto
    • Markets
    • Futures
    • Spot
    • Earn
    • Affiliates & AI
    • More
    1. WEEX
    2. Crypto News
    3. Digital wealth needs safer paths to liquidity, XPlace CEO says

    Digital wealth needs safer paths to liquidity, XPlace CEO says

    By: crypto.news|2026/08/18 19:27:14
    0
    Share
    copy
    Prefer us on GooglePrefer us on Google
    morphomorpho
    00.00%--
    ethenaethena
    00.00%--
    flareflare
    00.00%--
     

    XPlace CEO Artem Ponomarev has called for safer crypto-backed borrowing tools as DeFi lending protocols hold more than $42 billion in total value locked.
    Summary

    • DeFi lending protocols currently hold about $42.06 billion in total value locked.
    • Ponomarev said investors should be able to access liquidity without selling long-term digital-asset positions.
    • Tokenized stocks have reached $2.34 billion in distributed value, according to RWA.xyz.
    • SEC guidance says tokenized securities remain subject to federal securities laws.

    Artem Ponomarev, founder and CEO of digital-wealth platform XPlace, told crypto.news that digital-asset services must move beyond helping people acquire wealth and give them responsible ways to use it.

    "I think we're moving into a stage where the question is no longer simply whether people will own digital assets, but what they can actually do with the wealth they've built," Ponomarev said.

    His comments focus on collateralized borrowing, which allows an investor to pledge Bitcoin, another crypto asset, or a tokenized security in exchange for liquidity. Unlike a direct sale, the arrangement lets the borrower keep exposure to the pledged asset unless its value falls far enough to trigger liquidation.
    You might also like: Ethena taps FalconX for institutional stablecoin lending

    Digital wealth needs tools already common in finance

    Ponomarev compared the model with borrowing against property or securities, a common service in traditional wealth management. Investors use securities-backed credit when they need cash but do not want to sell positions held for long-term returns.

    "In traditional finance, borrowing against assets is completely normal," he said. "Investors borrow against securities or property because they don't necessarily want to sell a long-term position every time they need liquidity."

    The US Financial Industry Regulatory Authority describes a securities-backed line of credit as a loan that uses assets held in an investment account as collateral. According to FINRA's investor guidance, the lender may demand additional collateral or sell pledged securities when their value falls below the required level.

    Ponomarev expects digital-asset holders to seek similar flexibility as more personal wealth moves into Bitcoin, other crypto assets, and tokenized equities. Instead of maintaining separate systems for crypto holdings, stocks, and routine spending, he said investors should be able to manage the assets as parts of one financial position.

    "If someone holds Bitcoin alongside tokenized equities, those assets should be able to form part of the same financial picture and provide access to liquidity without requiring the user to sell each time they want to spend."

    Market data indicate that crypto-backed credit already has considerable activity. DefiLlama's lending dashboard showed about $42.06 billion locked across 571 tracked protocols, with Aave holding approximately $14.74 billion. Active loans on Aave stood at about $11.26 billion.

    New assets are also entering on-chain credit markets. In August, XRP entered Ethereum lending through Flare's FXRP and a Morpho vault curated by Sentora, allowing holders to borrow Ripple USD without selling their XRP exposure.

    Tokenized equities could expand available collateral

    Tokenized stocks add another potential source of collateral by placing representations of equities on blockchain networks. RWA.xyz recorded $2.34 billion in distributed tokenized stock value as of Aug. 18, while its total distributed real-world asset value stood at $38.21 billion.

    Products within the category do not always give buyers the same legal rights. Some tokens represent direct or beneficial ownership of securities, while others provide synthetic exposure that only follows an asset's price.

    US transfer agents raised that distinction in July when they sought tighter SEC rules for third-party tokens. Continental Stock Transfer & Trust and the Securities Transfer Association argued that products created without an issuer's involvement could leave holders without voting rights, ownership claims, or standard investor protections.

    Ponomarev's proposal would require lending systems to determine which assets can serve as collateral and how their ownership, custody, and market value should be verified. A token that only tracks a stock may carry different legal and liquidity risks from a tokenized share connected to the issuer's official shareholder register.

    The Securities and Exchange Commission addressed the distinction in January. In its tokenized securities statement, the agency said stocks, bonds, notes, options, and other securities can be tokenized, but their digital format does not change the application of federal securities laws.

    Regulated US market operators have since moved tokenized securities closer to existing trading systems. The SEC approved Nasdaq's tokenized securities framework in March, allowing eligible securities and their tokenized forms to share the same ticker, CUSIP, shareholder rights, and order book.

    NYSE has also proposed rules for tokenized securities under a Depository Trust Company pilot. Under the exchange's filing, eligible tokens would retain the rights and privileges of the conventional securities they represent while continuing to use existing clearing and settlement arrangements.

    Crypto-backed loans depend on liquidation controls

    Access to liquidity introduces losses when collateral values fall, according to US regulators and international financial institutions. FINRA warns that securities-backed borrowers may face maintenance calls, forced asset sales, and variable interest expenses.

    Crypto collateral adds round-the-clock price changes and automated liquidation. The Bank for International Settlements said in a report on risks in DeFi that decentralized loans tend to be overcollateralized because borrowers may be anonymous and the pledged assets can be highly volatile.

    Under such systems, a protocol can sell collateral automatically when its value drops below a specified ratio. The sale repays lenders but can leave borrowers with losses, fees, and no remaining exposure to an asset they intended to hold.

    Ponomarev said collateralized credit should give investors controlled access to existing wealth rather than encourage maximum leverage. For the model to work, he called for conservative loan-to-value limits, continuous collateral monitoring, and plain disclosure of interest charges and liquidation terms.

    "A user should understand exactly what happens if the value of their collateral falls before they borrow," he said.

    Warnings before a position reaches its liquidation level could give borrowers time to repay part of a loan or provide more collateral. Conservative lending ratios would also leave more room between the initial loan value and the price at which pledged assets are sold.

    Oracle design presents another risk because DeFi protocols rely on external pricing systems to value collateral. Stale or manipulated prices can affect a position's recorded health, while rapid market declines can cause several loans to be liquidated together. A July guide to crypto liquidation explained that forced sales can push prices down and trigger another group of leveraged positions.

    -- Price

    --

    US rules leave custody and tax questions

    American investors also face custody risks when pledging digital assets. SEC staff guidance states that non-security crypto assets are not protected by the Securities Investor Protection Act and may lack protection under another specific insolvency system.

    According to the SEC's crypto custody guidance, customers could lose assets if a broker-dealer becomes insolvent, depending on how the assets are held and whether they become part of the firm's bankruptcy estate.

    US capital rules present a separate limit for lenders. An August analysis by Crowell & Moring found that digital-asset collateral does not receive credit-risk mitigation recognition under current bank capital rules. The law firm also said nonbank lenders may need state licences, depending on their activities and the borrowers they serve.

    Tax treatment can vary with the structure of a crypto-backed loan. The Internal Revenue Service treats digital assets as property and generally applies capital-gains rules when an owner sells or otherwise disposes of them. IRS regulations also require brokers to report covered digital-asset sales under rules taking effect in stages.

    Borrowing does not itself involve an asset sale when the transaction operates as a genuine loan, but a forced disposal of collateral may create a reportable transaction. The IRS states that the fair market value of a digital asset is generally determined at the date and time of its sale or disposition.
    Read more: Securitize debuts tokenized high-yield fund with Neuberger

    This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

    You may also like

    AI: Five ECB Economists Consider a Correction of Tech Values Likely

    AI: Five ECB Economists Consider a Correction of Tech Values Likely

    Toyota Tokenized Bonds: Is 1 Billion Yen Finance Coming to Your Smartphone?

    Toyota Tokenized Bonds: Is 1 Billion Yen Finance Coming to Your Smartphone?

    Is NEAR's trading volume at zero: can staking on NEAR Protocol revive it?

    Is NEAR's trading volume at zero: can staking on NEAR Protocol revive it?

    Crypto-Backed Loans in Australia: Rates Ranging from 0.9% to 21.9% with Nexo

    Crypto-Backed Loans in Australia: Rates Ranging from 0.9% to 21.9% with Nexo

    Three Conditions That Will Determine the Success of NVIDIA's Secured Bonds – Bitplanet

    Three Conditions That Will Determine the Success of NVIDIA's Secured Bonds – Bitplanet

    Digital Garage Partners with JCB and Lawson for Stablecoin Payment Pilot

    Digital Garage Partners with JCB and Lawson for Stablecoin Payment Pilot

    Doing the Hardest Work for the Least Money! Stripe's $7 Billion Acquisition Reveals the Truth About AI Profit Distribution

    Doing the Hardest Work for the Least Money! Stripe's $7 Billion Acquisition Reveals the Truth About AI Profit Distribution

    Q2 Wall Street Institutions' Crypto Holdings: Most Institutions Increase Positions Against the Trend, ETH Exposure Outperforms BTC

    Q2 Wall Street Institutions' Crypto Holdings: Most Institutions Increase Positions Against the Trend, ETH Exposure Outperforms BTC

    In Q2, ETF fund flows and institutional behaviors are decoupling, deepening the institutionalization of crypto assets; at the same time, the divergence among institutions regarding crypto-related stock targets is also increasing.
    Who is Certifying the Crypto Industry Amid the Regulatory 'Vacuum' in the U.S.?

    Who is Certifying the Crypto Industry Amid the Regulatory 'Vacuum' in the U.S.?

    Cryptocurrency Transactions: What Will Change for Investors in Russia

    Cryptocurrency Transactions: What Will Change for Investors in Russia

    Starting from September 1, 2026, cryptocurrency transactions in Russia will have clear rules: a new law will allow such operations but will impose serious restrictions and remind investors of the high risks involved. The law "On Digital Currencies and Digital Rights" introduces a legal framework for...
    UK Job Vacancies Drop to 707,000: Small Business Hiring Contraction Reveals Cost Pressures

    UK Job Vacancies Drop to 707,000: Small Business Hiring Contraction Reveals Cost Pressures

    Controversy Over Delayed Remittances from Saudi Arabia to UAE Grows

    Controversy Over Delayed Remittances from Saudi Arabia to UAE Grows

    Reports have emerged that some bank remittances and electronic payments from Saudi Arabia to the United Arab Emirates (UAE) have been delayed or rejected, escalating regulatory controversies surrounding the flow of funds in the Gulf region.
    The "Official Debt" of Late Qing County Officials and the "Listing" in the Cryptocurrency Circle: The Cross-Time and Space Truth of Financialization of Power

    The "Official Debt" of Late Qing County Officials and the "Listing" in the Cryptocurrency Circle: The Cross-Time and Space Truth of Financialization of Power

    Blockchain Capital: The Next Bull Market May Be Closer Than You Think

    Blockchain Capital: The Next Bull Market May Be Closer Than You Think

    Blockchain Capital: The crypto industry is at the 2003-2004 internet stage—broadband is widespread, but mobile has yet to explode. For every $1 billion increase in stablecoin issuance, $122 billion in economic activity is created on-chain within a year, and application layer fees have surpassed infr...
    Bitcoin Whales End Selling, Accumulate Over $2.7 Billion in 60 Days

    Bitcoin Whales End Selling, Accumulate Over $2.7 Billion in 60 Days

    Dollar-linked Debt Swap: Treasury Sees Low Participation Amid Month-End Pressure

    Dollar-linked Debt Swap: Treasury Sees Low Participation Amid Month-End Pressure

    The Finance Secretariat managed to convert 34.12% of the nominal value in circulation of the LELINK D31G6, which matures at the end of the month. The acceptance was the lowest among the six operations of this type open to the market during 2026 and left most of the commitments still concentrated in ...
    Venezuela Transfers 31 Tons of Gold to U.S. Treasury Account

    Venezuela Transfers 31 Tons of Gold to U.S. Treasury Account

    Venezuela is reported to be transferring 31 tons of gold, valued at approximately $4 billion, stored in London to a U.S. Treasury account. This issue has escalated into a debate over control of sovereign assets within the sanctions framework.
    Mozilla Tests Optional AI Window for Firefox

    Mozilla Tests Optional AI Window for Firefox

    Bond Market Issues 'Strong Warning' ... 'It Won't End Easily... Diversify Your Portfolio' (Comprehensive)

    Bond Market Issues 'Strong Warning' ... 'It Won't End Easily... Diversify Your Portfolio' (Comprehensive)

    Former Fauci Advisor Pleads Guilty to Hiding COVID-19 Documents

    Former Fauci Advisor Pleads Guilty to Hiding COVID-19 Documents

    David Morens, former senior advisor at NIAID, pleaded guilty to conspiring to conceal federal records during the COVID-19 pandemic as part of a deal with prosecutors. The case reveals a network of personal emails, a bottle of wine as a reward, and connections with EcoHealth Alliance and a co-conspir...
    CFTC seeks feedback on CPO and CTA rule changes

    CFTC seeks feedback on CPO and CTA rule changes

    Arthur Hayes Launches Flop, a Network for AI Agents with the Promise of an Airdrop

    Arthur Hayes Launches Flop, a Network for AI Agents with the Promise of an Airdrop

    Solana’s Alpenglow bug hunt charges researchers 0.5 SOL to report flaws

    Solana’s Alpenglow bug hunt charges researchers 0.5 SOL to report flaws

    Anza’s Alpenglow bug bounty burns 0.5 SOL per report; severity unlocks up to 50,000 SOL, with payouts adjudicated and locked for 12 months.
    Web3: Foreign Media Reports Need for Safer Liquidity Tools in Crypto Collateralized Lending

    Web3: Foreign Media Reports Need for Safer Liquidity Tools in Crypto Collateralized Lending

    Ripple CLO says Sept. 15 will be a 'bellwether' for Clarity Act market structure bill

    Ripple CLO says Sept. 15 will be a 'bellwether' for Clarity Act market structure bill

    US Bonds Plummet and Rates Hit Record Levels: Why Nervousness in the Market Spiked

    US Bonds Plummet and Rates Hit Record Levels: Why Nervousness in the Market Spiked

    A set of structural and cyclical factors triggered a massive sell-off of "Treasuries" that then spilled over into the sovereign debt of the world's major economies.
    Home Mining Banned in Moscow and the Moscow Region

    Home Mining Banned in Moscow and the Moscow Region

    Home mining in Moscow, the Moscow region, and certain municipal districts of the Kursk region has been completely banned since August 15: now it is prohibited to mine cryptocurrency in these areas even on small setups in apartments, garages, or summer houses.
    Country Risk Reaches 500 Basis Points: Three Causes Behind the Upsurge

    Country Risk Reaches 500 Basis Points: Three Causes Behind the Upsurge

    The index measured by J.P. Morgan has reached this key level again, according to analysts, due to a combination of local and international factors.
    Reddit Joins the S&P 500, Two Years After Selling All Its Bitcoin

    Reddit Joins the S&P 500, Two Years After Selling All Its Bitcoin

    Reddit joins the S&P 500 on August 18, two years after selling all its Bitcoin and Ethereum. A look back at the index effect, already seen with Coinbase in 2025.
    The Coldcard Hack Exposes a Perception Problem for Bitcoin

    The Coldcard Hack Exposes a Perception Problem for Bitcoin

    AI: Five ECB Economists Consider a Correction of Tech Values Likely

    Toyota Tokenized Bonds: Is 1 Billion Yen Finance Coming to Your Smartphone?

    Is NEAR's trading volume at zero: can staking on NEAR Protocol revive it?

    Crypto-Backed Loans in Australia: Rates Ranging from 0.9% to 21.9% with Nexo

    Three Conditions That Will Determine the Success of NVIDIA's Secured Bonds – Bitplanet

    Digital Garage Partners with JCB and Lawson for Stablecoin Payment Pilot

    ...
    Invite friends, get rewards
    Invite to get up to $160 + 40% commission
    Invite friends, get rewardsInvite

    Contents

    Digital wealth needs tools already common in finance
    Tokenized equities could expand available collateral
    Crypto-backed loans depend on liquidation controls
    morpho
    US rules leave custody and tax questions

    Latest articles

    08/18/2026

    Web3: Foreign Media Reports Need for Safer Liquidity Tools in Crypto Collateralized Lending

    morphomorpho
    00.00%--
    flareflare
    00.00%--
    statusstatus
    00.00%--
    aaveaave
    00.00%--
    08/18/2026

    Digital wealth needs safer paths to liquidity, XPlace CEO says

    morphomorpho
    00.00%--
    ethenaethena
    00.00%--
    flareflare
    00.00%--
    08/14/2026

    NUSD supply falls 76% from February level

    morphomorpho
    00.00%--
    thenathena
    00.00%--
    07/29/2026

    They survived the crypto crash of 2022, but they are closing down in 2026

    now-tokennow-token
    00.00%--
    thenathena
    00.00%--
    morphomorpho
    00.00%--
    07/28/2026

    HSK Chain and Morpho Sign Strategic Cooperation Agreement in Hong Kong

    edgexedgex
    00.00%--
    morphomorpho
    00.00%--
    signsign
    00.00%--
    More

    Latest coin listings on WEEX

    logoCommunity
    iconiconiconiconiconiconicon
    Customer Support:@weikecs
    Business Cooperation:@weikecs
    Quant Trading & MM:bd@weex.com
    VIP Program:support@weex.com
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Customer Support Bot
    • VIP Services
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Customer Support Bot
    • VIP Services
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE

    Where new wealth is made

    Download app

    Sign Up
    h5 logo
    Download