Allo, a real-world asset (RWA) tokenization and lending platform, has secured $100 million in Bitcoin-backed debt financing to expand its innovative platform for real-world asset (RWA) tokenization and lending, positioning itself as a leader in bridging blockchain and traditional finance. The platform has staked over 544 BTC using the Babylon Bitcoin Staking Protocol, enabling the minting of its $alloBTC token and achieving over $2.2 billion in Total Value Locked (TVL) across tokenized assets on the BNB Chain. With strategic partnerships, regulatory recognition, and plans for a native cryptocurrency launch, Allo is advancing its role in decentralized finance and addressing a $900 trillion market opportunity in RWA tokenization.
Allo Secures $100 Million in Debt Financing to Expand Bitcoin-Backed Lending Platform
