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AlloyX Receives $2M Pre-Seed Funding

2023-06-29
DOVER, DE, AlloyX announced today the launch of a liquid real-world asset (RWA) vault product after closing a $2 million pre-seed funding round.
AlloyX, a decentralized finance (DeFi) protocol that aggregates tokenized credit, announced today the launch of a liquid real-world asset (RWA) vault product after closing a $2 million pre-seed funding round led by Hack VC, with investments from Circle Ventures, Digital Currency Group, Stratos, Lecca Ventures, MH Ventures, very early Ventures, Archblock, dao5, and Credix Finance. With this funding, AlloyX has integrated with nine credit protocols to date and is building the industry's first blended investment vault with its partners Credix Finance and a tokenized U.S. Treasury Bills protocol.

AlloyX allows protocols, DAOs and institutional investors to build diversified investment strategies in real-world assets. Investors easily access attractive yields from tokenized credit pools and provide liquidity to loans on chain. By integrating and aggregating investments from major credit protocols such as Credix Finance, Goldfinch, and Centrifuge, AlloyX provides crypto lenders with a flexible and efficient platform to manage RWA investments tailored to their yield, risk and liquidity preferences.
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