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, a crypto lending company, has completed the first asset-backed securities (ABS) deal backed by bitcoin collateral, raising $188 million for crypto credit markets....
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...
The stablecoin issuer’s previously undisclosed investment valued the lender at about $500 million, according to a person familiar with the transaction.