According to CoinMeta, the on-chain lending platform ibis ended its stealth mode on October 28th and secured a credit line of $250 million provided by falconx to offer structured loans to eligible crypto trading companies. ibis completed its seed round of financing, led by falconx, with participation from executives from institutions such as anchorage, digital, innovating, capital, as well as erebor, revolut, injective, foundation, selini, and pyth. anchorage, digital, and bank served as custodian, banking, and design partners, with the collateral held by their regulated custody systems.