Arch Lending announces $75m fundraise to expand lending solutions

on Aug 24, 2024 04:30:AM

The company has successfully raised $75m through a combination of a $5m equity seed round and a $70m loan financing facility. The equity round saw co-leadership by Morgan Creek Digital and Castle Island Ventures, with contributions from Galaxy Ventures, BitGo Ventures, and more. Arch Lending specialises in offering crypto-backed loans, serving both individual and institutional […]

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