<ul><li>Allo has secured a $100 million bitcoin-backed credit facility to expand its platform that helps institutions and individuals participate in crypto lending.</li><li>Allo has staked over 544 BTC through the Babylon Bitcoin Staking Protocol, positioning itself as a key player in enabling bitcoin-secured networks.</li><li>The financing round was facilitated by a consortium of lenders, including Greengage.</li><li>Allo has also made other recent developments, including its inclusion in the Binance Labs and BNB Chain MVB Accelerator program and preparations to launch its native $RWA cryptocurrency.</li></ul>

Allo Secures $100 Million Credit Facility to Expand Crypto Lending Platform

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