Notes from the team building crypto-backed lending
Product updates, market context and practical guidance for institutions launching on Assetify
Democratized Prime adds auto loans with 2.4x cashflow cover — Solana first, Ethereum in June
Paxos Labs raises $12M to launch Amplify and signal a managed entry into crypto-backed lending
STRC bond proceeds used to buy Bitcoin on April 13–14, 2026 — collateral implications
Winklevoss Capital moves 572 BTC to custody, spotlighting Gemini loan exposure
Large WLFI-backed loan on Dolomite drove pool utilization to 93%, restricting withdrawals
3B WLFI used as collateral on Dolomite, revealing single-token concentration and liquidity strain
WLFI’s $75M borrow on Dolomite froze USD1 withdrawals and exposed a circular-collateral flaw
WLFI drew a $160M USDC loan on Dolomite — but reporting disagrees on the exact size
WLFI’s self-collateral borrowing and 3B token transfers exposed a circular collateral risk after a 12% price drop
Large WLFI deposit and $75M Doromite loan exposed lenders to concentrated liquidation risk
WLFI borrow spike pushed pool utilization above 100%, exposing vaporization risk
S&P gives Sky a B- — and highlights overcollateralized minting as a lender-friendly design