AlloyX launches real-world DeFi asset vault after $2 million pre-seed round

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AlloyX launches real-world DeFi asset vault after $2 million pre-seed round
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DeFi protocol AlloyX has launched a real-world asset vault after a $2 million pre-seed funding round led by Hack VC.

DeFi protocol AlloyX has launched a real-world asset vault after securing $2 million in pre-seed funding.

The round also included investment from Circle Ventures, Digital Currency Group, Stratos, Lecca Ventures, MH Ventures, very early Ventures, Archblock, dao5 and Credix Finance, according to a statement. AlloyX CEO Alexandre Liege highlighted a need for DeFi’s composability and flexibility in real-world assets, referencing the 2022 crypto market crash.

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