Dolomite has integrated $100 million in BTCcx into its lending and borrowing markets. This asset, issued on Ethereum under the ERC-4626 standard, is backed 1:1 by Bitcoin held in custody by BitGo, which keeps the coins. Concrete is the only party allowed to borrow against the collateral, and liquidations are settled offchain without an immediate onchain sale of the Bitcoin. The integration, announced on October 19, 2026, extends the AssetCX model already applied to WLFIcx to a nine-figure Bitcoin deployment and allows institutions to access liquidity while keeping their coins with a regulated custodian.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
