🚀 We’re excited to announce a major milestone — we’ve raised $75M to take crypto-backed lending to the next level! We’re setting a new benchmark for security, trust and concierge customer service for both individuals and institutions in crypto backed lending.
This significant raise includes a $5M equity seed round, co-led by @MarkYusko's Morgan Creek Digital and @CastleIslandVC, with participation from @galaxyhq, @BitGo, and more, as well as a scalable $70M loan financing facility. This facility, funded by @galaxyhq, will help us meet the growing demand for crypto-backed loans on our platform — backed by #Bitcoin, #Ethereum, and #Solana.
We’re just getting started! 🌐
Excited to have Michael @Sonnenshein onboard! His depth of experience in building @Grayscale to the largest crypto asset manager and getting BTC ETF's approved will be instrumental in Arch's growth.
We have some more exciting announcements coming up - stay tuned!
A loan for employees against equity is incentives aligned for founders/investors as well because you access liquidity now but still participate in future upside.
This is why @cartainc X didn't work because founders don't want employees selling equity willy nilly.
🎉 FarEye's 10th-year birthday celebration is here! 🎂🎈
We couldn't be more excited to share this special occasion. As we celebrate a decade of growth, joining us are some extraordinary leaders who will inspire & encourage our intrapreneurship culture at FarEye. #FarEyeTurns10
Shoutout to this week's sponsor! ✨👇
@ArchLending enables alternative asset investors to get a single loan collateralized by multiple crypto holdings, all held securely by the leading custody provider, BitGo. Experience instant liquidity now.
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According to IDC, by 2022, over 90% of organisations globally will be using a combination of hybrid,multi-cloud, and legacy systems. We've put together this blog to assist you to migrate to cloud services efficiently. https://t.co/FcRPFXkywP
#cloudmigration#cloudinfrastructure
One of the best HR Practitioner and the most decent human being i know, Kudos Zac and all the best #bestceo#ceoranking#hrcommunity@talk2zac https://t.co/IL1efRSD5G