According to Techub News, crypto lending provider Arch Lending has completed $75 million in financing. Of this, $5 million was an oversubscribed equity seed round and $70 million was loan financing. The equity financing was co-led by Morgan Creek Digital and Castle Island Ventures, with participation from Galaxy Ventures, BitGo Ventures, etc. Arch Lending supports cryptocurrency over-collateralized loans to lend stablecoins or US dollars.