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Arcade Raises $15M to Offer NFT-Backed Loans

Arcade Raises $15M to Offer NFT-Backed Loans

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“Arcade’s collateralization of this new asset class will incentivize the participation of new entities from both the traditional and digital art and finance worlds, including institutional lenders, high-net-worth individuals, DAOs, companies with NFTs on their balance sheets and NFT collectors and creators,” mentioned Pantera Capital principal Lauren Stephanian in a press launch.

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