Ibis Completes Pre-Seed Financing Round with $250 Million Credit Facility Led by FalconX

Ibis announced that it has secured a $250 million credit facility from FalconX and completed its pre-seed financing round. This round was led by FalconX, with participation from executives at Anchorage Digital, Innovating Capital, Erebor, Revolut, Injective Foundation, Selini, Pyth, among others, though the specific amounts have not been disclosed. Anchorage Digital Bank serves as Ibis's custodian, banking, and design partner, with collateral held in the bank's regulated custody system. Ibis is an on-chain credit platform responsible for the initiation, tokenization, risk management, and subsequent servicing of structured credit, initially focusing on crypto and prediction markets, with plans to expand into GPU, robotics, and venture capital sectors.

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