TechFlow News — Arch, a decentralized finance (DeFi) startup, has raised $5 million in seed funding led by Digital Currency Group and Upload Ventures. Ripio, the Latin American blockchain company, along with TechStars and GBV's venture arm, also participated in the round.
The funds will be used to tokenize broader decentralized finance indices and develop the platform into a decentralized asset management protocol. Arch aims to enable retail investors to access DeFi and become the "BlackRock of Web3."




