Spout, a tokenized U.S. stock-backed lending platform, said it has completed a $2 million strategic financing round. According to ChainCatcher, the round included participation from Draper Dragon, Anchorage, Flow Traders, Taisu Ventures, Vessel VC, Solayer Labs, 2Square Capital, Bering Waters, Solana Labs, Solana co-founder Toly, and former CFTC Chair Chris Giancarlo.

The company said users can pledge tokenized U.S. stocks to borrow USDC at a fixed 50% loan-to-value ratio, with no interest charged to borrowers during the loan period. Lenders earn returns from weekly covered call premiums generated on the pledged collateral rather than from borrower interest payments.