Allo Secures $100 Million in Debt Financing to Expand Bitcoin-Backed Lending Platform. allo.xyz
1. Allo.xyz secured a $100 million Bitcoin-backed credit facility to expand BTC-backed lending services.
2. Allo staked 544+ BTC ($50M value) via Babylon Bitcoin Staking Protocol, launching the $alloBTC token.
3. Backed by Binance Labs & BNB Chain, Allo joined the MVB Accelerator and is preparing to launch $RWA token.
4. $2.2B+ in tokenized assets on BNB Chain, with an innovative onchain RWA fund creation solution.
5. Addressing the $900T RWA market, Allo secured a $50M loan facility backed by SpaceX stock.
6. Recognized by Qatar Financial Center Digital Asset Lab, Allo partners with Binance, Chainlink, Cobo, and more.