Arcade
Arcade is a decentralized finance platform that provides online financialization solutions for non-fungible tokens (NFTs). Built on a pawn protocol infrastructure layer for NFT liquidity, the platform enables users to borrow, lend, and earn with their crypto assets using NFTs as collateral. The protocol leverages blockchain technology to track loan contracts transparently and securely. Arcade targets NFT holders…
Funding snapshot
About
Arcade is a decentralized finance platform that provides online financialization solutions for non-fungible tokens (NFTs). Built on a pawn protocol infrastructure layer for NFT liquidity, the platform enables users to borrow, lend, and earn with their crypto assets using NFTs as collateral. The protocol leverages blockchain technology to track loan contracts transparently and securely. Arcade targets NFT holders seeking liquidity without selling their digital assets, as well as lenders looking to earn yield on their crypto holdings. Founded in 2021 and headquartered in Los Angeles, United States, the company has raised $17.8M in Series A funding from investors including Pantera Capital, Castle Island Ventures, GoldenTree, Eniac Ventures, Protofund, Probably Nothing Capital, Lemniscap, Franklin Templeton Blockchain Fund, Arrington XRP Capital, Blockchain Coinvestors, and SNZ.
Business model
Alternative Lending > Online Lenders > Consumer Loans > Asset Backed Loans > Digital Assets > NFT > Marketplace,
Investment Tech > Alternative Investment Platforms > Non Fungible Tokens > Financialization,
Cryptocurrencies > Financial Services > Lending > Consumer Loans > Point of Sale Financing > For NFTs
Founders & team highlights
Serial Founder
Institutional investors
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