The post Ledn Issues First Ever Bitcoin-Backed Bonds Worth $188 Million appeared on BitcoinEthereumNews.com. Crypto lender Ledn has issued $188 million in assetThe post Ledn Issues First Ever Bitcoin-Backed Bonds Worth $188 Million appeared on BitcoinEthereumNews.com. Crypto lender Ledn has issued $188 million in asset

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

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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 includes an investment-grade tranche and relies heavily on automated bitcoin liquidations to manage risk. First Bitcoin-Backed Loan Hits Market Crypto lender Ledn has entered the structured finance arena with a $188 […]

Source: https://news.bitcoin.com/ledn-issues-first-ever-bitcoin-backed-bonds-worth-188-million/

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