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$250M FalconX Facility Powers Ibis Push Into Onchain Credit

News.Bitcoin.com
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$250M FalconX Facility Powers Ibis Push Into Onchain Credit

Onchain credit platform Ibis has launched out of stealth, securing a $250 million credit facility from FalconX alongside a closed pre-seed round. Funding and Strategic Backing Onchain credit platform Ibis announced its emergence from stealth on Oct. 28, backed by a $250 million credit facility from digital asset financial services firm FalconX and the completion […]

Key Takeaways

  1. Onchain credit platform Ibis has launched out of stealth, securing a $250 million credit facility from FalconX alongside a closed pre-seed round.
  2. Funding and Strategic Backing Onchain credit platform Ibis announced its emergence from stealth on Oct.
  3. 28, backed by a $250 million credit facility from digital asset financial services firm FalconX and the completion […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.