Allo.xyz, a platform for real-world asset tokenization and lending, secured a $100 million Bitcoin-backed credit facility. This facility is designed to enhance Allo’s BTC-backed lending services.
The financing round is facilitated by a consortium of lenders including Greengage and a long-standing U.S. institution.
“We’re excited to support this much-needed new venture and look forward to seeing great things to come,” Sean Kiernan, CEO of Greengage, said.
