Arch Lending, the alternative-asset lending platform operated by ChainFi, Inc., began accepting PAX Gold (PAXG) and Tether Gold (XAUT) as collateral on Sept. 1, 2026, with initial loan-to-value ratios of up to 75%. The platform says it is the first institutional-grade lender to offer borrowing against tokenized gold through a regulated, custodial structure. Loans start at $250,000, generally run for 12 months, can be funded in dollars or USDC, and use Anchorage Digital, a federally chartered bank, for custody. Monthly-payment rates begin at 9.25% APR for loans between $250,000 and $750,000 and fall to 7.25% APR above $5 million. Demand is also visible on Aave, where Tether Gold debt reached $24.99 million against a $25 million isolated debt ceiling on Jan. 29, 2026. Tokenized-gold spot trading volume reached $90.7 billion in the first quarter of 2026, surpassing the $84.64 billion recorded during all of 2025, according to CoinGecko. Arch Lending is targeting gold investors, wealth advisers, commodities traders, family offices and corporate treasuries with existing precious-metals allocations.