Ibis exits stealth with $250M credit facility from FalconX to fund frontier economy lending.
DeFi & Yields ·
Ibis has emerged from stealth with a $250 million credit facility provided by FalconX, alongside the completion of its pre-seed funding round featuring investors and executives from digital assets, institutional credit, and financial infrastructure sectors. The onchain credit platform pairs this facility with partnerships including Anchorage Digital for custody and banking services, and Innovating Capital as a strategic partner.
The company addresses a structural gap between growing demand for institutional credit and fragmented supply, particularly acute in digital asset markets. Ibis identifies digital-asset fund finance alone as representing over $10 billion in opportunity, yet institutional lenders typically lack infrastructure to underwrite crypto businesses on operating fundamentals rather than collateral alone. The platform consolidates origination, underwriting, risk management, compliance, and servicing into a single programmable layer designed to replace fragmented traditional workflows.
The company indicates its initial focus is digital asset trading firms, though its ambitions extend across frontier sectors including AI infrastructure and robotics. The scope of Ibis's eventual product range and the timeline for expanding beyond digital assets remain unclear from available disclosures.