Arch Lending Enters Tokenized Equity Market with Loans Backed by Onchain Stocks
Crypto lender Arch Lending is preparing to enter the tokenized equity lending market, where it will offer loans backed by onchain representations of stocks and exchange-traded funds.
The move comes as the distributed tokenized stock value has grown sharply, reaching approximately $3.15 billion, a fivefold increase from about $630 million a year earlier, according to RWA.xyz data.
Arch's co-founder and chief revenue officer, Himanshu Sahay, stated that the firm expects to enter the space 'pretty soon,' citing rising demand for credit against tokenized stocks and ETFs.