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Hong Kong Securities and Futures Commission fines Saxo Financial HKD 4 million for distributing virtual asset products to retail clients in violation of regulations
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Data: In the past 24 hours, the total liquidation across the network was $447 million, with long positions liquidated at $286 million and short positions at $161 million.
2m ago
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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
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➜ Click the Link to Enter: https://gate.onelink.me/Hls0/group?chatroom=groupGate Square New & Returning Creator Rewards are ongoing!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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Tokenized lending pool deposit protocol PRIME is now live on Kamino
According to Jinse Finance, Kamino announced on the X platform that the tokenized lending pool deposit product PRIME has officially launched on Kamino. PRIME is jointly developed by Figure and Provenance Foundation, with HastraFi as the issuer, offering yield products collateralized by real estate, with an annual percentage yield (APY) of up to 8%.
Figure is the largest non-bank Home Equity Line of Credit (HELOC) originator in the United States, having released over $19 billion in home equity, and is listed on Nasdaq.
Figure has built the credit infrastructure behind PRIME, including licensed mortgage origination, loan servicing, and an on-chain system supporting “Democratized Prime.”
Through this infrastructure, Demo Prime brings real U.S. HELOC lending operations on-chain. A HELOC is a line of credit that homeowners can obtain using their property as collateral. PRIME tokenizes these lending activities, enabling users to directly access institutional-grade credit services within the Solana decentralized finance (DeFi) ecosystem.