Selini Capital Becomes Fourth Institution to Borrow Against Cap's $183M Underwriter Capital

🏦 Fourth borrower taps in

By Bedrock uniETH
May 28, 2026, 4:25 PM
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Selini Capital has joined Cap as an institutional borrower, marking the fourth major institution to access the platform's lending services.​

Key Details:

  • Selini Capital's first borrow draws against Cap's underwriter capital
  • Cap has deployed $183M as the platform's largest underwriter
  • Four institutions now utilize Cap's services: Amber Group, Flowdesk, Susquehanna Crypto, and Selini Capital

About Cap: Cap operates as a covered credit platform built on Symbiotic.​ Dollar depositors provide lending capital to institutional borrowers, while Symbiotic vault depositors (including weETHs holders) supply committed collateral that underwrites the loans.​ Interest generated from lending flows back to vault depositors as yield.​

Sources

.@SeliniCapital joins @CapApp as an institutional borrower — and their first borrow draws against our underwriter capital on Cap. 4 institutions now tap into the $183M we've deployed as Cap's largest underwriter: ·Amber Group ·Flowdesk ·Susquehanna Crypto ·Selini Capital

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cap
@CapApp

Today, we are proud to have Selini Capital join our ecosystem as an institutional borrower. A leading crypto-native market maker, @SeliniCapital operates systematic trading strategies and provides deep liquidity across centralized and decentralized venues, connected to 40+

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