World Liberty Financial, the DeFi venture affiliated with the Trump family, leveraged its treasury to borrow roughly $75 million in stablecoins from Dolomite, the lending protocol co-founded by WLFI’s chief technology officer, Corey Caplan.
On-chain data shows WLFI's official treasury multisig routed approximately 3 billion WLFI tokens through an intermediary wallet over the past week before depositing the full amount into Dolomite as collateral. The treasury wallet previously deposited roughly 2 billion WLFI directly into Dolomite. The collateral positions are currently valued at roughly $460 million as of April 9, per Dolomite's stats page.
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