Arch
About Arch
Arch provides crypto-backed loans that allow asset holders to access cash without selling their digital assets, utilizing secure custody solutions to protect collateral. By eliminating credit checks and rehypothecation, Arch offers a straightforward financing option that preserves the value of cryptocurrencies while providing immediate liquidity.
```xml <problem> Crypto asset holders often need access to cash without wanting to sell their holdings, potentially incurring tax liabilities and missing out on future appreciation. Traditional lending options may not cater to crypto assets, and often involve credit checks and the potential for rehypothecation, adding risk for the borrower. </problem> <solution> Arch provides crypto-backed loans that allow individuals and institutions to access liquidity without selling their Bitcoin, Ethereum, or Solana. Users can borrow against their crypto assets, with the collateral securely stored in qualified custody, eliminating the risk of rehypothecation. Arch offers a streamlined process with no credit checks, enabling borrowers to qualify instantly and receive same-day funding. This allows users to preserve their crypto holdings for potential growth, avoid capital gains taxes, and access funds for investments, large purchases, debt consolidation, or day-to-day expenses. </solution> <features> - Crypto-backed loans using Bitcoin, Ethereum, and Solana as collateral - Loan-to-Value (LTV) up to 60% with loan durations up to 24 months - Fixed interest rates, starting from 12% APR, plus a 1.5% origination fee - No rehypothecation of collateral; assets are securely stored with Anchorage, a federally chartered bank - No credit checks required for loan approval - Same-day funding upon qualification - Online loan calculator to estimate borrowing capacity </features> <target_audience> Arch serves individual crypto asset holders and institutions seeking to leverage their digital assets for liquidity without selling, including those looking for investment capital, funds for large purchases, or debt consolidation solutions. </target_audience> <revenue_model> Arch generates revenue through interest charged on crypto-backed loans, with APRs starting at 12%, and an origination fee of 1.5% on each loan. </revenue_model> ```
What does Arch do?
Arch provides crypto-backed loans that allow asset holders to access cash without selling their digital assets, utilizing secure custody solutions to protect collateral. By eliminating credit checks and rehypothecation, Arch offers a straightforward financing option that preserves the value of cryptocurrencies while providing immediate liquidity.
Where is Arch located?
Arch is based in East New York, United States.
When was Arch founded?
Arch was founded in 2022.
How much funding has Arch raised?
Arch has raised 7750000.
Who founded Arch?
Arch was founded by Himanshu Sahay and Dhruv Patel.
- Himanshu Sahay - Co-Founder/CTO
- Dhruv Patel - Co-Founder/CEO
- Location
- East New York, United States
- Founded
- 2022
- Funding
- 7750000
- Employees
- 28 employees
- Major Investors
- Castle Island Ventures, Morgan Creek Digital