AlloyX, a decentralized finance protocol, raised a $2M pre-seed round led by Hack VC.

 

AlloyX, a decentralized finance protocol, raised a $2M pre-seed round led by Hack VC.  The startup plans to use the funds to expand operations. AlloyX aggregates tokenized credit, having integrated with nine credit protocols.  The company plans to launch a blended investment vault with Credix Finance and a tokenized U.S. Treasury Bills protocol, which it expects to be live in Q3. The startup claims $5M in total value locked. Other participants in the round include MH Ventures, Archblock, and Circle Ventures, among others.