Nft Startup Raises 15 Million To Build Lending Platform For High Value Tokens
The funding came from eight investing firms, including Pantera Capital, Castle Island Ventures and Franklin Templeton Blockchain Fund, as well as angel investors Zac Prince, CEO of BlockFi and Richard Ma, CEO of Quantstamp. Proceeds from the $15 million funding will go toward building the Arcade platform. Formed in 2020, Arcade is an NFT marketplace for lending that independently appraises, validates and curates NFT collections and that enables owners of highly valued NFTs to use them as collateral for loans....