Arch Lending plans to expand its tokenized stock mortgage loan business

Arch Lending plans to expand its loan business using tokenized stocks as collateral, and co-founder and Chief Revenue Officer Himanshu Sahay stated that there is a demand for tokenized stock credit in the market. Arch Lending has launched loan products backed by Paxos Gold and Tether Gold, with Bitcoin currently accounting for over 80% of its loan portfolio, and has recently observed an increase in interest from US borrowers in XRP as collateral.