Ledn Secures Industry First $50M Bitcoin-Backed Syndicated Loan from Sygnum
Briefly

With the first Bitcoin-backed syndicated loan from a fully regulated bank, Sygnum is excited to support Ledn's future growth and kick-start a new market for institutional lenders and borrowers as the crypto ecosystem matures.
We're proud to be working with Sygnum, a fully regulated Swiss bank, to set a new benchmark for transparency, counterparty quality, robust risk management practices, and institutional-grade lending standards.
This loan between Ledn and Sygnum reflects the ongoing maturation of the Bitcoin industry and its shift towards having fully regulated institutional-grade financial services.
The transaction is aimed to build confidence among traditional financial participants when it comes to Bitcoin-collateralized lending, potentially unlocking substantial liquidity for the sector around the existing $1.38 trillion syndicated loan market.
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