[On-chain lending platform Ibis ends its stealth mode, securing a $250 million credit line from FalconX] On October 28, on-chain lending platform Ibis ended its stealth mode and secured a $250 million credit line from FalconX to provide structured credit to eligible crypto trading companies. Ibis completed its pre-seed funding round, led by FalconX, with participation from executives from Anchorage Digital, Innovating Capital, Erebor, Revolut, Injective Foundation, Selini, and Pyth. Anchorage Digital Bank serves as its custody, banking, and design partner, and the collateral is held by its regulated custody system. (Source: PR Newswire)