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Crypto lending firm Ledn sold $188M in securitized bonds backed by bitcoin loans, making it the first deal of its kind in the market for asset-backed debt (Bloomberg) from Techmeme RSS feed.
Crypto lending firm Ledn sold $188M in securitized bonds backed by bitcoin loans, making it the first deal of its kind in the market for asset-backed debt (Bloomberg)
Bloomberg:
Crypto lending firm Ledn sold $188M in securitized bonds backed by bitcoin loans, making it the first deal of its kind in the market for asset-backed debt — Crypto lending firm Ledn Inc. has sold $188 million of securitized bonds backed by Bitcoin, making it the first ever deal of its kind in the market for asset-backed debt.