Ledn's $188M Bitcoin-Backed ABS Deal Enters US Bond Market
The Bitcoin lender reportedly packaged thousands of Bitcoin-backed consumer loans into rated bonds, giving investors a new way to take crypto‑linked risk without holding BTC.
COINTELEGRAPH IN YOUR SOCIAL FEED
Bitcoin-backed loan platform Ledn sold about $188 million of bonds tied to Bitcoin‑collateralized consumer loans into the mainstream ******* et‑backed securities (ABS) market, Bloomberg reported on Wednesday, citing people familiar with the matter.
In a first-of-its-kind deal, one of the two tranches — the investment‑grade p
The Bitcoin lender reportedly packaged thousands of Bitcoin-backed consumer loans into rated bonds, giving investors a new way to take crypto‑linked risk without holding BTC.
COINTELEGRAPH IN YOUR SOCIAL FEED
Bitcoin-backed loan platform Ledn sold about $188 million of bonds tied to Bitcoin‑collateralized consumer loans into the mainstream ******* et‑backed securities (ABS) market, Bloomberg reported on Wednesday, citing people familiar with the matter.
In a first-of-its-kind deal, one of the two tranches — the investment‑grade p
2 months ago
