Bitcoin-Backed Loans: A Growing Market for Fixed-Income Investors
Ledn, a cryptocurrency lending firm, has closed a $188 million sale of Bitcoin-backed bonds, marking the first deal of its kind in the asset-backed securities (ABS) market, according to announcements on Thursday. The bonds are secured by over 4,000 Bitcoin (BTC), bridging retail lending with capital markets, and represent a significant step toward mainstream acceptance … Read more