Ibis Launches Onchain Credit Platform with $250 Million FalconX Credit Facility
Ibis has emerged from stealth mode, announcing a $250 million credit facility with FalconX to establish institutional-grade credit rails for frontier markets. The platform aims to bridge the gap between traditional capital providers and emerging industries by originating, tokenizing, and managing structured credit facilities. Initially focusing on crypto trading firms and digital asset market participants, Ibis intends to eventually expand its underwriting infrastructure into other high-growth sectors such as robotics, GPUs, and venture capital. The company successfully closed a pre-seed funding round led by FalconX, with participation from Anchorage Digital Bank, Innovating Capital, and several prominent industry executives. Anchorage Digital will serve as the platform's custody and banking partner, ensuring that collateral is held within regulated frameworks to facilitate institutional confidence in onchain credit markets.
Topics: Digital Assets Fintech Institutional Finance Onchain Credit Venture Capital