Ibis secures $250M credit line from FalconX, closes preseed round
- —FalconX provided a $250 million credit line separate from the equity raised
- —Preseed investors include Anchorage Digital, Innovating Capital and executives from Erebor, Revolut, Injective Foundation, Selini and Pyth
- —Ibis will handle structured credit, tokenization, risk management and servicing
- —Initial focus is crypto assets and prediction markets, with plans to expand into GPU, robotics and VC assets
Why it matters: The venture pairs onchain lending with Anchorage's regulated custody, potentially drawing institutional capital into tokenized credit.
Source: TokenPost