Arch Lending to Expand Tokenized Stock Collateralized Loans
Crypto lender Arch Lending plans to launch a loan product backed by tokenized stocks, citing growing market demand. Co-founder Himanshu Sahay noted that while tokenized assets have grown rapidly, credit options remain limited. The firm, which already offers loans backed by Paxos Gold (PAXG) and Tether Gold (XAUT), continues to see Bitcoin (BTC) dominate its portfolio. Additionally, Arch has observed increased interest in using XRP as collateral, particularly from U.S. borrowers.
Summaries are written by AI from the original article. Not investment advice.