#termmax @TermMax Would you use a tokenized stock as collateral instead of selling it?

I've been thinking about this while looking at the @TermMax integration with Ondo Global Markets.

Tokenized stocks have mostly been about getting onchain exposure to traditional markets.

But the interesting part is what happens next.

With Ondo tokenized stocks, assets like TSLAon, SPYon and QQQon can be brought into DeFi and used as collateral, while TermMax adds something DeFi often doesn't give you: fixed-rate borrowing.

That changes the idea of holding a tokenized stock.

You don't necessarily have to sell the asset when you need liquidity.

You can potentially borrow against it.
Keep your market exposure.
And lock in your borrowing cost.

That's what makes this integration interesting to me.

It's not just about putting stocks onchain.

It's about making those assets productive inside DeFi.

So if you had $10,000 in tokenized stocks and needed $5,000 in liquidity, what would you choose?

1. Sell the stocks
2. Borrow against them
3. Hold and do nothing