Trinity Capital Inc. Provides Alt Platform Inc. with up to $40 Million Asset Based Credit Facility
PHOENIX, July 18, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of up to $40 million in an asset based revolving credit facility to Alt, a dynamic online marketplace that facilitates buying, selling, vaulting, and loans against investment-grade trading cards.
Alt offers a full-service marketplace where users can buy authenticated, high-demand cards through fixed‑price listings or curated weekly auctions; consign cards for an instant cash advance and a rapid, low-fee payout of the remaining proceeds once the card sells; vault assets securely with professional storage and insurance; and borrow cash against card portfolios through a collateralized lending program. In addition, it gives users access to "Alt Value," its proprietary valuation tool that leverages market data and AI-powered analytics to deliver real-time valuations and portfolio insights.
"Alt's focus on transparency and a full-service marketplace is helping unlock a new wave of demand for trading cards among collectors and investors," said Steven Lambe, Managing Director, Asset Based Lending at Trinity Capital. "We are excited to partner with their team during this time of significant growth."
Founded in 2020 and headquartered in San Francisco, California, the company operates globally, with its online marketplace available in 76 countries. This capital infusion will help accelerate Alt's market expansion.
"This warehouse line of credit marks an industry defining breakthrough for the hobby," said Leore Avidar, Founder & CEO of Alt. "It unlocks our ability to extend larger loans and more instant cash advances, giving collectors fast, reliable liquidity at scale. If a customer needs a multimillion dollar loan, we can finally offer that in a more efficient and scalable way. Trading cards are just the beginning, we're perfecting the model here so we can bring the same friction free financing to the broader world of collectibles. We're excited to partner with Trinity and grateful for their support as we continue to innovate and disrupt the collectibles industry!"
About Trinity Capital Inc.
Trinity Capital Inc. (NASDAQ:TRIN) is an international alternative asset manager that seeks to deliver consistent returns for investors through access to private credit markets. Trinity Capital sources and structures investments in well-capitalized growth-oriented companies across five distinct lending verticals: Sponsor Finance, Equipment Finance, Tech Lending, Asset-Based Lending, and Life Sciences. As a long-term, trusted partner for innovative companies seeking tailored debt solutions, Trinity Capital has deployed more than $4.3 billion across over 400 investments since inception in 2008 (As of March 31, 2025). Headquartered in Phoenix, Arizona, Trinity Capital's dedicated team is strategically located across the United States and Europe. For more information on Trinity Capital, please visit trinitycapital.com and stay connected to the latest activity via LinkedIn and X (@trincapital).
About Alt
Alt is a modern marketplace where trading card collectors can buy, sell, and vault their graded trading cards. Alt is changing the way people invest in trading cards by focusing on providing liquidity and transparency to an industry that has traditionally been fragmented and hard to understand.
Founded in 2020, Alt leverages proprietary market data, industry leading lending and cash advance programs, and cutting-edge pricing technology ("Alt Value") to create advantages and fast liquidity for every collector. Alt's growing marketplace maximizes returns and provides convenience to users. Alt is built for collectors, by collectors; to learn more visit alt.xyz.
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SOURCE Trinity Capital Inc.