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Arch raises $2.75m in pre-Seed funding

New York based lending platform raised $2.75m in pre-Seed funding led by Castle Island Ventures and Tribe Capital.  

"Arch doesn’t touch or reloan customer funds for any reason, "said Patel – an important distinction after liquidity issues took down crypto lenders BlockFi, Celsius Network and CoinDesk's sister company Genesis Global Trading.

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lending