Haynes & Boone Guides Arch Lending in $70M Crypto-Backed Financing Deal
August 28, 2024
August 28, 2024
DALLAS, Texas, Aug. 28 -- Haynes and Boone, a law firm, issued the following news release:
Haynes and Boone, LLP represented Arch Lending in securing $70 million in debt financing. The transaction coincides with an oversubscribed $5 million equity seed round.
Arch Lending, an emerging leader in crypto-backed loans, will leverage the funding to expand its innovative platform offering loans backed by Bitcoin, Ethereum and Solana as collateral. The company serves both ind . . .
Haynes and Boone, LLP represented Arch Lending in securing $70 million in debt financing. The transaction coincides with an oversubscribed $5 million equity seed round.
Arch Lending, an emerging leader in crypto-backed loans, will leverage the funding to expand its innovative platform offering loans backed by Bitcoin, Ethereum and Solana as collateral. The company serves both ind . . .