NewsNTech
Plume, the Open Finance platform built for institutional markets, and digital-asset prime broker FalconX have jointly introduced FALX, a structured credit facility that gives investors onchain access to an overcollateralized lending strategy.
The product is housed within Plume Nest Vaults and is managed through a FalconX-operated special purpose vehicle, with curation responsibilities assigned to M11 Credit.
What FALX Is and How It Is Structured FALX sits inside Plume Nest Vaults, Plume's on-platform product for curated yield strategies.
Investors who enter the facility gain exposure to an overcollateralized lending book — meaning the collateral posted against any loan position exceeds the loan value itself, a structural feature designed to contain credit losses in the event of borrower default.
Keep reading