Tag: Ledn

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Ledn Issues First Ever Bitcoin-Backed Bonds Worth $188 Million

Crypto lender Ledn has issued $188 million in asset-backed bonds secured by bitcoin-collateralized loans, marking a first for the structured credit market. The deal...

Ledn raises $188m with first BTC backed bond sale in asset backed market

Ledn, a crypto lending company, has completed the first asset-backed securities (ABS) deal backed by bitcoin collateral, raising $188 million for crypto credit markets....

Ledn Sells $188M Bitcoin-Backed Bonds In Unprecedented Deal

Crypto lender Ledn Inc. has sold $188 million in securitized bonds backed by Bitcoin-linked loans, marking a first-of-its-kind deal in the asset-backed...

Tether said to have invested up to $50 million in crypto lender Ledn at $500 million valuation

The stablecoin issuer’s previously undisclosed investment valued the lender at about $500 million, according to a person familiar with the transaction.