June 24 (Cointime) - A creditor of the now-bankrupt crypto exchange FTX used a claim as collateral for a loan on the DeFi platform Arcade. The claim was tokenized and represented by an NFT, making it the first on-chain loan backed by a FTX claim. The NFT was used as collateral for a $7,500 loan to be repaid in five days, with the lender entitled to the claim in case of default. The transaction highlights the growing trend of real-world asset tokenization in DeFi, with a wide range of assets being tokenized, including stocks, government bonds, real estate, and commodities.