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.

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.