Arch Lending Secures $5M in Seed Funding Led by Morgan Creek Capital
Raised funds:
$5,000,000.00Funding round:
Investment roundArch Lending, a prominent Web3 loan financial platform, recently secured a significant $5 million in a Seed funding round. The funding was spearheaded by esteemed investors Morgan Creek Capital and Castle Island Ventures, with notable contributions from Galaxy Digital, BitGo, Perpetual Value Partners, and other key players in the cryptocurrency industry. This injection of capital is set to propel Arch Lending to new heights in the decentralized finance space, solidifying its position as a leader in the industry.