Arcade Protocol is a decentralized peer-to-peer lending and borrowing protocol on the Ethereum blockchain. Through Arcade, NFT owners are able to maximize their asset utility by borrowing against them, while lenders earn yield by providing liquidity. Arcade Protocol enables the financialization of NFTs, a step forward in the evolution of value storage and ownership of unique assets. Arcade has become the go-to market for holders of high end NFT collections such as Bored Apes and Punks, and has even expanded to real world assets such as luxury clothing and collectibles. They have shown incredible resilience by continuing to grow despite the broader NFT market conditions.
Location: United States, California, Palo Alto
Employees: 11-50
Total raised: $15M
Founded date: 2021
Investors 4
| Date | Name | Website |
| - | Arrington ... | arringtonc... |
| 21.02.2022 | Pantera | panteracap... |
| - | Castle Isl... | castleisla... |
| - | Castle Isl... | castleisla... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 24.12.2021 | Series A | $15M | - |
Mentions in press and media 10
| Date | Title | Description | Source |
| 18.08.2022 | Premier NFT Lending Platform Arcade.xyz Launches Redesigned ... | Arcade V2's increased functionality will be incredibly valuable to the DeFi and the NFT ecosystems, ... | prweb.com/... |
| 11.07.2022 | NFTs Are Now Collateral for Secured Loans. Are You Legally P... | Regardless of personal views, it has grown near impossible not to take notice of non-fungible tokens... | coindesk.c... |
| 06.05.2022 | In other news: A weekly tour through the SEE startup ecosyst... | This week has been fruitful for the Romanian and Bulgarian tech ecosystems, as it brought forward ne... | therecursi... |
| 12.04.2022 | Blue-chip NFT owners explore alternative uses as sales decli... | The NFT marketplace is a sector of the crypto ecosystem that saw exponential growth in the past year... | techcrunch... |
| 31.01.2022 | Arcade Launches as First-of-its-Kind Platform Enabling Liqui... | Arcade's continued focus is on building primitives, infrastructure, and applications enabling the gr... | prweb.com/... |
| 31.01.2022 | Arcade Launches NFT Lending Platform as Blue Chips Hold Stro... | Lending platform Arcade has launched on Pawn Protocol in a bid to bring liquidity to the non-fungibl... | coindesk.c... |
| 31.01.2022 | Arcade announces public launch of NFT-backed lending platfor... | Arcade, a platform that allows the owners of nonfungible tokens to use them as collateral for loans,... | siliconang... |
| 23.12.2021 | NFT-backed loan platform Arcade raises $15M Show your suppo... | Arcade, a platform that allows users to use nonfungible tokens as collateral for loans, announced We... | siliconang... |
| 22.12.2021 | Arcade Closes $15M Series A Raise with Investment from Pante... | We are very pleased to close our Series A from notable investors, who, like us, recognize the opport... | prweb.com/... |
| - | What Is NFT Lending? | Non-fungible tokens (NFTs) are a red-hot asset class in crypto, with billions of dollars in value tr... | coindesk.c... |