⚡️ @ArchLending has announced the closure of its $5M equity seed round

Arch Lending, a financial platform that offers crypto-backed loans, raises $75M in equity and debt. The raise includes a $5M equity seed round, co-led by Morgan Creek Digital & @CastleIslandVC and joined by @Galaxyhq, @BitGo, @KeneticCapital, @Block0, @AlumniVentures, Perpetual Value Partners, and others. The project has also received a scalable $70M loan financing facility backed by Galaxy.

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