Categories: Bitcoin

Swiss Crypto Bank Sygnum Tokenizes Portion of $50M BTC‑Backed Loan for Ledn



Sygnum announced it arranged a $50 million BTC‑backed syndicated loan for Ledn, with a portion of the facility tokenized using Sygnum’s end‑to‑end issuance platform, marking a further step toward tokenized private credit for institutional and qualified investors. The transaction, described as 2x oversubscribed, follows Sygnum’s August 2024 issuance of the industry’s first BTC‑backed syndicated loan […]



Source link

Joseph Rees

Leave a Comment
Share
Published by
Joseph Rees
4 hours ago

Recent Posts

WhatsApp’s AI can now turn your messages into awkward dad jokes

WhatsApp has released a new feature that lets you use AI to rephrase your messages…

3 minutes ago

French Chipmaker Sequans | Plans for a 100,000 BTC Treasury

Sequans Communications (NYSE: SQNS) is making headlines after announcing a plan to sell up to…

5 minutes ago

Ripple, Cardano, and Hedera holders are just ‘exit liquidity for insiders,’ says analyst

Key Takeaways Ripple’s XRP holders, along with Cardano and Hedera investors, bring no value to…

50 minutes ago

15 Best Laptops (2025), WIRED-Tested and Approved

How Much Should You Spend on a Laptop?AccordionItemContainerButtonIf you're shopping for a laptop, you probably…

1 hour ago

Now That Google Blockchain is Here, Should You Invest in Alphabet Stock?

Google blockchain is here, and it’s looking to dominate the market. In a post on…

2 hours ago

Hyperliquid price forecast as HYPE sees pullback after hitting all-time high

Hyperliquid price jumped to a new all-time high above $51. The token broke higher as…

2 hours ago