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Arc Launches Capital Markets: The First Venture Debt Marketplace for Silicon Valley webwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webwire.com Daily Mail and Mail on Sunday newspapers.
Arc, the future of finance for modern technology companies, today announced it has expanded the availability of its enterprise-grade Treasury product to serve qualifying non-U.S. entities. Through Global Treasury, qualifying companies can invest their cash through a brokerage account held at Pershing Advisor Solutions LLC, a business of BNY Mellon, N.A., while also investing in money market funds and U.S. Treasury Bills. The products available can provide a yield of up to ~5.3% net APY. ....