Arch Lending, a prominent provider of crypto-backed loans, has effectively raised $75 million, including a $70 million loan financing facility and an oversubscribed $5 million equity pilot round. The equity round was co-led by Morgan Creek Digital and Castle Island Ventures, with Galaxy Ventures, BitGo Ventures, and other prominent investors participating. The loan financing facility, provided by Galaxy, will fund loans backed by Bitcoin, Ethereum, and Solana as collateral. Designed to meet growing demand, this structure may eventually expand with additional capital providers and could be securitized. Arch Lending is recognized for its industry-defining security, concierge-level customer service, and innovative product experience.
Co-founded by experienced professionals from top-tier tech and finance companies like Bridgewater Associates and Google, Arch Lending aims to set new standards in the digital asset lending space. The firm’s flagship product offers over-collateralized loans with qualified custody and no rehypothecation of collateral, providing instant funding in US dollars or stablecoins through an automated platform. Additionally, Arch offers a standalone qualified crypto custody service, in partnership with BitGo, featuring bank-grade security and insurance. As digital assets continue to gain traction, Arch Lending is positioning itself as a foundational player in the ecosystem, catering to both individual and institutional investors.
