According to ChainCatcher news, the stablecoin aggregation sales infrastructure platform AlloyX announced the completion of a $10 million Pre-A round of financing. Investors include Solomon Fund, Arbitrum Foundation, Offchain Labs, PMT Capital, Ming Capital, Fern Win Capital, Whitecove Capital, and Kiln SAS. The new funds are intended to expand global stablecoin infrastructure and plan to scale its operations in the UAE, ASEAN, and Africa.

ChainCatcher news, according to The Block, the DeFi protocol AlloyX has completed a $2 million Pre-Seed funding round, led by Hack VC, with participation from Circle Ventures, Digital Currency Group, Strato, Lecca Ventures, MH Ventures, very early Ventures, Archblock, DAO5, and Credix Finance.AlloyX's first real-world asset vault will go live in early Q3 and plans to integrate with other DeFi protocols, with more investment vaults set to launch later this year. (source link)