Arcade

About

Arcade provides an infrastructure layer for NFT liquidity that monetary the fungible assets, non-fungible tokens, or NFTs.

New York,New York,United States
11 - 50
https://www.arcade.xyz

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $15M
Industries: Blockchain,Cryptocurrency,Financial Services,Internet
Founded date: Jan 1, 2021
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Non-fungible Technologies, Inc.

Arcade provides an infrastructure layer for NFT liquidity that enables the financialization of non-fungible assets, non-fungible tokens, or NFTs.Arcade’s Wrapped NFT technology allows NFTs to be bundled to secure one loan. Arcade is also an open-source Defi primitive it allows developers to build on top of the platform.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$17.75M

Arcade has raised a total of $17.75M in funding over 2 rounds. Their latest funding was raised on Dec 22, 2021 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 22, 2021	Series A	$15M	11	Pantera Capital	—	Detail
May 1, 2021	Seed	$2.75M	—	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

11

Arcade is funded by 11 investors. Pantera Capital and Castle Island Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Pantera Capital	Yes	Series A
Castle Island Ventures	—	Series A
Eniac Ventures	—	Series A
Franklin Templeton Investments	—	Series A
GoldenTree Asset Management	—	Series A
Lemniscap	—	Series A
Probably Nothing Capital	—	Series A
Protofund	—	Series A
Quiet Capital	—	Series A
Richard Ma	—	Series A