In this report:

1. Tokenized equities move onchain as collateral

2. Robinhood Chain Brings Tokenized Equities and Lending Onchain

3. Morpho Brings Fixed-Rate Lending Onchain

4. Compound Targets Institutional Growth with $52M Initiative

5. Arc Goes Live, and Credit Starts in Dollars

Lending Market Update

June through mid-September marked a clear transition from deep correction to recovery and, more recently, consolidation in crypto. June was the weakest stretch, with BTC testing multi-month lows around $58k in late June before stabilizing through July in a range roughly between $56k and $64k. In August, BTC rose 25% and briefly traded above $82k in early September before retracing to around $76k as of September 16 amid a more challenging macro…