Ibis Launches With $250M FalconX Credit Facility
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Onchain credit platform Ibis emerged from stealth on Oct. 28 with a $250 million credit facility from FalconX and a completed pre-seed funding round.
Ibis announced its public debut on Oct. 28, bringing the onchain credit platform out of stealth with financing support from FalconX.
FalconX, a digital asset financial services firm, provided a $250 million credit facility to the platform.
Ibis also completed a pre-seed funding round. The supplied announcement excerpt did not disclose the round’s size, its investors or the terms of the credit facility.
Source: Bitcoin.com News
