Giancarlo and Draper Dragon Back Spout’s Bid to Make Borrowing Against Stocks Interest-Free

Former CFTC Chairman Chris Giancarlo and Draper Dragon backed Spout, a Solana-based protocol allowing holders of tokenized US stocks to borrow stablecoins without interest. Their endorsements follow Spout's announcement of a $2 million strategic round on October 13, as the protocol aims to make borrowing against stocks interest-free.