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Add as a preferred source on GoogleIbis Emerges From Stealth With $250 Million FalconX Credit Line
Ibis will handle origination, tokenization, risk management and servicing, starting with crypto and prediction markets.
Ibis has emerged from stealth with a $250 million credit line from FalconX for structured-credit financing focused initially on crypto and prediction markets.
Ibis's responsibilities span originating and tokenizing financing, managing risk and servicing deals. It plans to expand the business into GPUs, robotics and venture capital.
FalconX and Ethena also operate a separate $1 billion lending facility backed by USDe.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.