Arcade Raises $15M to Offer NFT-Backed Loans

by Cryptospacey

“Arcade’s collateralization of this new asset class will incentivize the participation of new entities from both the traditional and digital art and finance worlds, including institutional lenders, high-net-worth individuals, DAOs, companies with NFTs on their balance sheets and NFT collectors and creators,” said Pantera Capital principal Lauren Stephanian in a press release.

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