DeFi protocol AlloyX Raises $2M Pre-Seed Round, Launches Aggregation Platform for $530M+ RWA Loans On Chain
Summary
As a result, investors such as decentralized autonomous organizations (DAOs) can gain access to liquidity, yield and diversification in tokenized credit. To achieve this, we are building products to enable our community to invest and create RWA diversified baskets with automatic reinvestment, similar to what Yearn Finance created for digital assets.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.Weve seen demand from DAOs eager to allocate capital in the RWA space but are looking for flexible and liquid options that would work for them. Hence were excited to see the AlloyX team launch the first of its kind blended vault to give investors exposure to private credit while benefiting from the liquidity of U.S. T-Bills, said Chaim Finizola, Co-founder and Chief Growth Officer at Credix Finance.AlloyX has reached $5 million in total value locked (TVL) and generated yields above 18% on average since inception in 2021.