Arcade.xyz, with the slogan "The leading DeFi protocol for NFT lending," is a non-custodial Web3 application and financial "super app" for NFTs and other digital assets. The platform, founded in 2021 and headquartered in the United States, has quickly risen to prominence as the top decentralized marketplace for loans backed by NFTs on Ethereum. It caters to collectors, DAOs, institutions, and liquidity providers, offering them the opportunity to unlock liquidity on their digital assets securely and on public permissionless blockchains. Arcade.xyz's last funding round was a $15.00M Series A investment which took place on 22 December 2021. The investment was led by prominent names in the industry including Pantera Capital, Castle Island Ventures, Eniac Ventures, Franklin Templeton, Golden Tree, Protofund, Quiet Capital, Probably Nothing Capital, Zac Prince, Richard Ma. With its focus on bringing liquidity while maintaining utility for NFTs, Arcade.xyz is well-positioned to capture a significant share of the growing DeFi market.
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