This Week at Arch: Your gold can work without being sold
Gold is an asset investors often hold for years, sometimes decades. But when capital is needed for a business, property purchase or new investment, selling part of that position isn't always the preferred option.
Arch now lets eligible holders of Pax Gold (PAXG) and Tether Gold (XAUT) borrow against their tokenized gold without selling it.
Loans start at $250,000, with up to 75% loan-to-value (LTV) and fixed rates starting at 7.25% APR for the largest loans. Your gold is held with Anchorage Digital, a federally chartered bank, and is never rehypothecated. Once approved and collateral is confirmed, you can receive USD or USDC.
Where gold-backed borrowing can make a difference:
Business opportunities. Fund an acquisition, expansion or major purchase without liquidating long-term gold holdings.
Property and investments. Access capital when an opportunity arises, while maintaining exposure to gold.
Portfolio liquidity. Put existing holdings to work rather than selling assets to raise cash.
Flexible borrowing. Repay early without penalties, request additional funds if your collateral appreciates, or roll over an eligible loan at maturity.
Gold has traditionally been a way to preserve wealth. With Arch, it can also provide access to capital when you need it.
Borrowing involves interest costs and collateral liquidation risk. Rates, LTV and loan availability are subject to eligibility and current terms.
This Week in Crypto
Bitcoin spiked to about $81,100 on Wednesday on post-midterm relief, but then spent the rest of the week mostly returning it.
It slipped under $75,000 on Tuesday after its lowest weekly close since August, with a Sunday flush that briefly touched $73,510.
The Nasdaq Composite fell 5.5%, its worst day since April 2025, as AI and chip stocks got hit, and crypto followed within the hour.
About $1.26B in positions were liquidated, roughly $1.12B of them longs.
US spot bitcoin funds shed about $1.28B on the week, their worst since late June, with IBIT losing $403M on Friday.
Ether funds extended their outflow streak to six weeks, and XRP funds unfortunately didn’t post a single positive session.
This Week in TradFi
The Dow rose 3.0% on Wednesday after the midterms, its best day since April 2025. That lasted…about a day.
On Thursday, the Dow gave back 1,833 points and the Nasdaq 100 lost 6.3%, its worst session since the pandemic panic. The Nasdaq Composite fell 5.5%, its biggest daily decline in 19 months.
One possible explanation: the Democratic sweep raised fears of tougher AI regulation and a slower AI buildout, though others point to increased scrutiny over AI valuations and data centers.
Friday brought back a bit of a bounce - the S&P 500 rose 0.3% and the Nasdaq 1.1%, while the Dow slipped 0.5%.
The October jobs report is in:
October payrolls rose 165,000 against a forecast of 65,000, with unemployment edging down to 4.1% and hourly earnings up 0.4%.
As for oil:
Brent tumbled about 17% last week, its steepest weekly drop since the start of the pandemic.
On Monday, crude slipped further after Trump said fresh attacks on Iran were “highly unlikely.” By Tuesday, WTI was below $85.
What all that means for the Fed:
On Tuesday, Fed Governor Christopher Waller said the Fed should raise rates in December even if October inflation cooled, and should consider a 50 basis point hike if core CPI comes in at 0.3% or higher.
This Week in Tech
I mean… you’re probably living under a rock if you haven’t heard this story yet, but we’ll tell you anyway just in case:
Nvidia said on Sunday it would open an investigation after a New York Times report that CEO Jensen Huang may have been the target of a foreign intelligence effort.
Huang acknowledged in a message to employees that he had been unfaithful to his wife and promised to cooperate.
The Times reported that he told the board the person involved was a business executive whom US intelligence determined was gathering information for Beijing.
The stock fell about 4% Monday while the rest of the chip sector rallied.
Voters said no to data centers, but Google is chugging forward anyway:
Of the 41 data center ballot measures voted on last week, all but one went against data centers, according to Ballotpedia.
Two days later, Google announced a $17B investment in its first Wyoming data center, powered in part by a 702-megawatt fuel-cell development with carbon capture.
Google says it will pay for all the power the facility uses and air-cool it to limit water use.
The same week, Microsoft reportedly declined to expand a Texas data center deal with AI cloud provider Nscale and planned to tighten oversight of some neocloud projects.
And OpenAI has raised about $11B so far, a lot less than it asked for:
OpenAI received roughly $11B on Friday, the first close of a round valuing it at $1.25T.
It reportedly scaled back from a target of $30B or more at $1.4T, though the round could still reach $20B in the coming weeks.
For context, OpenAI raised $122B in March at an $852B valuation.
Arch is building a next-gen wealth management platform for individuals holding Alternative Assets. Our flagship product is the crypto-backed loan, which allows you to securely and affordably borrow against your crypto.
Disclaimer: None of the above is financial advice, seriously.
