Arch Lending Plans to Enter the Tokenized Stock Collateral Loan Market
Deep Tide TechFlow reports that on September 23, according to Cointelegraph, Arch Lending co-founder and Chief Revenue Officer Himanshu Sahay stated that the platform plans to enter the tokenized stock collateral loan market "soon" to meet the demand for credit services for such assets. Sahay noted that although the tokenized stock market has grown rapidly over the past year, related lending services remain limited. The protocol has already launched loan products collateralized by Paxos Gold and Tether Gold, while Bitcoin ($BTC) still accounts for over 80% of its borrowing records. Additionally, XRP as collateral is particularly favored by U.S. borrowers. Data from RWA.xyz shows that the total value of distributed tokenized stocks has climbed from approximately $630 million a year ago to about $3.15 billion. Previously, Ondo Finance launched a tokenized ETF lending market on its decentralized finance platform through the Morpho protocol in February; Kraken included xStocks as collateral for futures trading in July, and Coinbase's B20 stocks were introduced on the Base network in August.