Dhruv Patel

🚀 We’re excited to announce a major milestone — we’ve raised $75M to take crypto-backed lending to the next level! We’re setting a new benchmark for security, trust and concierge customer service for both individuals and institutions in crypto backed lending. This significant raise includes a $5M equity seed round, co-led by @MarkYusko's Morgan Creek Digital and @CastleIslandVC, with participation from @galaxyhq, @BitGo, and more, as well as a scalable $70M loan financing facility. This facility, funded by @galaxyhq, will help us meet the growing demand for crypto-backed loans on our platform — backed by #Bitcoin, #Ethereum, and #Solana. We’re just getting started! 🌐

Bitcoin Alpha III: that's a wrap. Thank you to Ben, Jerry, Shant, and all the volunteers — packing the bags, building the astronaut suit, tracking down the old Smith Corona, getting the shark back in one piece, and getting it all out by midnight. Amazing. To our LPs in the 2718 fund — we appreciate you. Simple, low-LTV borrowing is the way. To Arch Lending — Freddy and Dhruv — thank you for sponsoring the pre-party at the Shore. Everybody really enjoyed it. To Neil, Jimi, and everyone who flew in — I'm glad the Southern California weather did not disappoint. To the founders who stepped into the shark tank — Bitcoin pitches at 2, AI at 3 — thank you for putting real work on a live stage. To Andrew — thank you for whatsonthetest.com. The younger generation is amazing. To Peruvian Bull, Thomas Young, Tim Kotzman, and David Chaum for the sessions I caught — and to everyone who led the ones I missed. The FOMO was real. To Terrance, Loren, Shawn, and Natalie for the Bitcoin Today media coverage in our media area — and to btcsavant and so many other repeat Alphas. To the crew at Hotel Casa del Mar for providing the perfect room. Please check out our two projects: xavior.ai — AI email marketing for small business — and 2718.fund — a bitcoin fund that pays you 10% tax-deferred while preserving bitcoin upside. And to everyone who spent three days with us in Santa Monica — this only works because you show up. Here's to the next one.

@ArchLending is the best BTC-backed lending product I’ve used (I’ve used Figure Markets and Strike Lending). They are secure, transparent, and flexible.  1. Seamless UX and Transparency: Their design provides instant visibility into all key loan metrics. This removes the risk of hidden fees and ambiguous margin call mechanics. Loan docs are easily accessible and transaction history is accurate. 2. Dynamic Refinancing: You can re-up on a loan as your LTV decreases either through principal appreciation or principal repayment. 3. Zero re-hypothecation. Your UTXO’s are stored in isolation and never borrowed against. 4. Premium Support: Their dedicated team is responsive and knowledgeable. 5. Tech Stack: @ArchLending owns their tech stack and can provide flexibility during extreme volatility. Many other companies white label Coinbase custody and can’t modify or stop existing automated processes - leaving you susceptible during drawdowns. 6. BTC Supporters: The team at @ArchLending is filled with actual bitcoiners not TradFi employees trying to capture a spread. They sponsor many events and are actively involved within the community.

If you use your $BTC as “money” and spend it, you part with generational wealth. If you use your $BTC as “collateral” and intelligently borrow USD to spend, you retain generational wealth.

Big news for the Loan Star State: Arch Bitcoin-backed loans are now available in Texas. Access liquidity starting at 7.25% APR without selling your Bitcoin. Your loan will function like a line of credit with same-day funding, deferred interest, and collateral held with Anchorage Digital.

We (@slashapp) raised a $100M Series C at $1.4 billion valuation to build the world's most powerful business banking platform.¹ The round was led by @RibbitCapital, and co-led by @khoslaventures & @GoodwaterCap. And we're releasing Twin: the world’s first AI private banker.