ALT Announces $200M Debt Financing
Summary
NEW YORK, NY, ALT, a simple, modern investment platform that lets you buy and sell alternative assets just like stocks, today announced $200 million in new debt financing. ALT Advance provides liquidity against graded collectibles such as trading cards, watches, and sneakers, giving them a similar utility that is also afforded to traditional assets. By turning some of the most culturally beloved collectibles into financial assets that can be traded and borrowed against, ALT is building an investment platform for the future. Providing liquidity, utility, and transparency to an industry that traditionally has been fragmented and hard to understand. ALT leverages its proprietary valuation data, vaulting infrastructure, and blockchain technology to bridge the physical and digital worlds, creating more investment opportunities for alternative assets.