Arch Lending, the most trusted crypto-backed loan provider, today announced $75M in funds raised, including an oversubscribed $5M equity seed round and a $70M loan financing facility. The equity round was co-led by Morgan Creek Digital and Castle Island Ventures with participation from Galaxy Ventures, BitGo Ventures, and more. Arch serves both individuals and institutions, and is known for its concierge customer service, premier product experience, and industry defining security and trust.

Arch Lending is the most trusted provider of crypto-backed loans, combining security, concierge customer service, and automation to serve individuals and institutions. Its flagship product is over-collateralized crypto-backed loans, stored in qualified custody, and without rehypothecation of collateral. The automated platform provides instant funding in US dollars or stablecoins. Additionally, Arch Lending offers qualified crypto custody to individuals as a standalone offering through a partnership with BitGo, featuring bank-grade security and insurance, and allows trading and staking from cold custody.