Ledn’s $188M Bitcoin-Backed ABS Deal Enters US Bond Market
Bitcoin-backed loan platform Ledn has sold about $188 million of bonds tied to Bitcoin‑collateralized consumer loans into the mainstream asset‑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 portion —reportedly priced at a spread of roughly 335 basis…
Read more