On-chain lending platform Ibis completes pre-seed round financing, led by FalconX
According to PR Newswire, the on-chain credit platform Ibis announced on October 28 that it has emerged from stealth mode and secured a $250 million credit facility from FalconX to provide structured credit to eligible crypto trading companies.Ibis also completed its pre-seed funding round, led by FalconX, with participation from executives at Anchorage Digital, Innovating Capital, as well as Erebor, Revolut, Injective Foundation, Selini, Pyth, and others. The specific amount of funding has not been disclosed. Among them, Anchorage Digital Bank will serve as the custodian, banking, and design partner, with collateral held by its regulated custody system.Ibis is responsible for initiating, tokenizing, managing risks, and servicing structured credit financing, initially focusing on crypto and prediction markets, with plans to expand into emerging fields such as GPU, robotics, and venture capital in the future.
